Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 41,000 shares, a growth of 51.3% from the September 30th total of 27,100 shares. Based on an average trading volume of 122,100 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Ariadne Wealth Management LP bought a new position in Jiayin Group in the 2nd quarter valued at about $31,000. Fermata Advisors LLC bought a new position in shares of Jiayin Group during the second quarter worth approximately $78,000. Advisors Preferred LLC bought a new position in shares of Jiayin Group during the first quarter worth approximately $98,000. Finally, Boston Partners acquired a new stake in Jiayin Group during the 1st quarter worth approximately $439,000. 44.08% of the stock is owned by institutional investors and hedge funds.
Jiayin Group Price Performance
NASDAQ JFIN traded up $0.07 on Friday, hitting $6.91. 40,500 shares of the stock were exchanged, compared to its average volume of 189,978. The business's fifty day moving average is $6.32 and its 200 day moving average is $6.26. Jiayin Group has a 52 week low of $4.00 and a 52 week high of $8.58. The company has a market capitalization of $370.73 million, a PE ratio of 2.22 and a beta of 0.83.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last issued its earnings results on Tuesday, August 27th. The company reported $0.60 earnings per share (EPS) for the quarter. Jiayin Group had a net margin of 20.00% and a return on equity of 49.78%. The company had revenue of $203.15 million for the quarter.
Jiayin Group Dividend Announcement
The firm also recently disclosed a -- dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were given a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a dividend yield of 14.5%. Jiayin Group's payout ratio is 28.30%.
About Jiayin Group
(
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Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.
Further Reading
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