Short Interest in X Financial (NYSE:XYF) Expands By 109.1%

X Financial (NYSE:XYF - Get Free Report) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 4,600 shares, a growth of 109.1% from the January 15th total of 2,200 shares. Based on an average trading volume of 30,600 shares, the days-to-cover ratio is currently 0.2 days.

X Financial Price Performance

Shares of XYF traded up $0.24 during mid-day trading on Monday, hitting $8.70. 218,841 shares of the company's stock were exchanged, compared to its average volume of 27,238. The company has a market cap of $425.64 million, a PE ratio of 2.30 and a beta of 0.31. X Financial has a 52 week low of $3.48 and a 52 week high of $9.20. The company has a 50-day simple moving average of $8.00 and a 200 day simple moving average of $6.58.

X Financial (NYSE:XYF - Get Free Report) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $1.24 earnings per share for the quarter. X Financial had a net margin of 25.03% and a return on equity of 20.66%.

About X Financial

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.