Uxin Limited (NASDAQ:UXIN) Sees Significant Decrease in Short Interest

Uxin Limited (NASDAQ:UXIN) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 385,200 shares, a decline of 39.9% from the October 15th total of 641,400 shares. Based on an average daily volume of 1,850,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Uxin Stock Performance

NASDAQ:UXIN opened at $4.52 on Wednesday. Uxin has a fifty-two week low of $1.41 and a fifty-two week high of $13.09. The firm has a 50-day simple moving average of $3.99 and a two-hundred day simple moving average of $2.73.

Uxin (NASDAQ:UXIN) last announced its quarterly earnings data on Monday, September 23rd. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $55.21 million during the quarter. Uxin had a negative return on equity of 173.92% and a negative net margin of 40.91%.

Uxin Company Profile

Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services.