OneConnect Financial Technology Co., Ltd. (NYSE:OCFT - Get Free Report) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 56,900 shares, a drop of 22.2% from the December 15th total of 73,100 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 50,600 shares, the days-to-cover ratio is presently 1.1 days.
OneConnect Financial Technology Trading Up 2.2 %
Shares of NYSE:OCFT traded up $0.06 on Wednesday, reaching $2.74. 10,501 shares of the company were exchanged, compared to its average volume of 11,778. The company has a 50-day moving average of $2.52 and a 200-day moving average of $2.08. The firm has a market cap of $106.86 million, a price-to-earnings ratio of 24.91 and a beta of 0.65. OneConnect Financial Technology has a 1-year low of $0.87 and a 1-year high of $4.98.
About OneConnect Financial Technology
(
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OneConnect Financial Technology Co, Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the People's Republic of China. It operates in Technology Solutions and Virtual Bank Business segments. The company offers Gamma Platform, which offers a toolbox of separate solution modules that provide technology infrastructure and underlying technologies; marketing management platform, developed from AI Banker App, provides banks relationship managers with technology that supports in managing their acquisition and relationships with retail customers; and wealth management platform that provides banks with tools to enhance the efficiency of their wealth management business.
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