Short Interest in X Financial (NYSE:XYF) Increases By 258.7%

X Financial (NYSE:XYF - Get Free Report) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 16,500 shares, a growth of 258.7% from the January 31st total of 4,600 shares. Based on an average daily volume of 55,200 shares, the days-to-cover ratio is currently 0.3 days.

X Financial Stock Down 0.8 %

Shares of X Financial stock traded down $0.08 during midday trading on Tuesday, hitting $9.91. The company had a trading volume of 34,267 shares, compared to its average volume of 33,331. The stock has a market cap of $484.61 million, a price-to-earnings ratio of 2.61 and a beta of 0.45. The company has a fifty day simple moving average of $8.44 and a 200 day simple moving average of $7.03. X Financial has a 12-month low of $3.48 and a 12-month high of $12.37.

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.