X Financial (NYSE:XYF) Short Interest Update

X Financial (NYSE:XYF - Get Free Report) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 7,200 shares, a decline of 36.8% from the December 15th total of 11,400 shares. Based on an average daily trading volume, of 31,700 shares, the short-interest ratio is presently 0.2 days.

X Financial Trading Down 0.4 %

Shares of X Financial stock traded down $0.03 during trading hours on Tuesday, reaching $7.22. 17,453 shares of the company's stock were exchanged, compared to its average volume of 29,457. The company has a 50 day moving average of $7.39 and a two-hundred day moving average of $5.97. The stock has a market cap of $353.25 million, a P/E ratio of 1.91 and a beta of 0.34. X Financial has a fifty-two week low of $3.48 and a fifty-two week high of $8.59.

Institutional Inflows and Outflows

An institutional investor recently raised its position in X Financial stock. Acadian Asset Management LLC boosted its position in X Financial (NYSE:XYF - Free Report) by 23.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 56,278 shares of the company's stock after purchasing an additional 10,684 shares during the period. Acadian Asset Management LLC owned about 0.12% of X Financial worth $237,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 1.15% of the company's stock.

X Financial Company Profile

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.