X Financial (NYSE:XYF - Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 127,800 shares, a growth of 163.5% from the March 15th total of 48,500 shares. Based on an average daily trading volume, of 177,700 shares, the short-interest ratio is presently 0.7 days. Approximately 0.4% of the company's shares are sold short.
X Financial Price Performance
X Financial stock traded up $0.25 during mid-day trading on Friday, reaching $11.67. 35,514 shares of the company traded hands, compared to its average volume of 68,772. X Financial has a 52-week low of $3.68 and a 52-week high of $17.70. The firm has a market capitalization of $570.97 million, a price-to-earnings ratio of 3.08 and a beta of -0.10. The firm's 50 day moving average price is $11.73 and its 200 day moving average price is $8.86.
X Financial (NYSE:XYF - Get Free Report) last issued its quarterly earnings data on Wednesday, March 19th. The company reported $1.13 EPS for the quarter. X Financial had a net margin of 25.03% and a return on equity of 20.66%. The business had revenue of $234.09 million during the quarter.
X Financial Increases Dividend
The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 20th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, June 20th. This represents a yield of 2.6%. This is a positive change from X Financial's previous semi-annual dividend of $0.17. X Financial's dividend payout ratio (DPR) is currently 7.36%.
X Financial Company Profile
(
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X Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.
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