Yiren Digital Ltd. (NYSE:YRD) Short Interest Up 20.1% in February

Yiren Digital Ltd. (NYSE:YRD - Get Free Report) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 155,900 shares, an increase of 20.1% from the January 31st total of 129,800 shares. Based on an average daily volume of 150,200 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio increased its position in shares of Yiren Digital by 43.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 38,528 shares of the technology company's stock worth $185,000 after purchasing an additional 11,583 shares in the last quarter. Two Sigma Investments LP acquired a new position in Yiren Digital during the 4th quarter valued at about $61,000. AXA S.A. raised its stake in Yiren Digital by 80.7% in the fourth quarter. AXA S.A. now owns 11,562 shares of the technology company's stock valued at $55,000 after buying an additional 5,165 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Yiren Digital by 2.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,088,920 shares of the technology company's stock worth $5,225,000 after acquiring an additional 30,641 shares in the last quarter. Finally, Invesco Ltd. purchased a new stake in shares of Yiren Digital during the fourth quarter worth about $71,000. Institutional investors own 1.99% of the company's stock.

Yiren Digital Stock Performance

YRD traded down $0.38 on Monday, hitting $6.54. The company had a trading volume of 90,918 shares, compared to its average volume of 131,163. The stock has a market capitalization of $573.75 million, a price-to-earnings ratio of 2.26 and a beta of 0.65. The stock has a fifty day moving average price of $5.86 and a 200-day moving average price of $5.50. Yiren Digital has a 12-month low of $4.12 and a 12-month high of $9.20.

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Analyst Upgrades and Downgrades

Separately, StockNews.com cut Yiren Digital from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, November 12th.

Yiren Digital Company Profile

Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.