X Financial (NYSE:XYF - Get Free Report) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 48,500 shares, a growth of 1,210.8% from the February 28th total of 3,700 shares. Based on an average daily trading volume, of 95,800 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company's stock are sold short.
X Financial Price Performance
Shares of X Financial stock traded down $0.38 during trading hours on Friday, hitting $15.72. The company had a trading volume of 455,385 shares, compared to its average volume of 51,163. The company's 50-day moving average is $10.23 and its two-hundred day moving average is $8.07. X Financial has a twelve month low of $3.66 and a twelve month high of $17.70. The company has a market cap of $769.31 million, a P/E ratio of 4.15 and a beta of 0.45.
X Financial (NYSE:XYF - Get Free Report) last posted its earnings results on Wednesday, March 19th. The company reported $1.13 earnings per share for the quarter. The business had revenue of $234.09 million during the quarter. X Financial had a return on equity of 20.66% and a net margin of 25.03%.
X Financial Increases Dividend
The firm also recently announced a semi-annual dividend, which will be paid on Wednesday, July 2nd. Stockholders 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 is a positive change from X Financial's previous semi-annual dividend of $0.17. This represents a dividend yield of 2.6%. X Financial's dividend payout ratio (DPR) is 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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