9F Inc. (NASDAQ:JFU) Short Interest Up 23.5% in November

9F Inc. (NASDAQ:JFU) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 8,400 shares, an increase of 23.5% from the October 31st total of 6,800 shares. Based on an average trading volume of 76,900 shares, the short-interest ratio is currently 0.1 days.

9F Stock Up 1.3 %

Shares of 9F stock traded up $0.02 during trading on Monday, hitting $1.51. 9,180 shares of the stock traded hands, compared to its average volume of 26,570. The company has a fifty day moving average price of $1.74 and a two-hundred day moving average price of $1.95. 9F has a twelve month low of $1.13 and a twelve month high of $4.35.

Institutional Investors Weigh In On 9F

A hedge fund recently bought a new stake in 9F stock. Cetera Advisors LLC bought a new position in 9F Inc. (NASDAQ:JFU) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,200 shares of the company’s stock, valued at approximately $39,000. Cetera Advisors LLC owned about 0.10% of 9F as of its most recent filing with the Securities and Exchange Commission.

9F Company Profile

9F Inc, together with its subsidiaries, operates internet securities service platform in the People's Republic of China. The company operates through three segments: Technology Empowerment Services, E-commerce business, and Wealth Management. Its products include digital financial accounts that offer online lending, wealth management, and payment facilitation services; revolving and non-revolving loan products to borrowers, as well as traffic referral services to financial institution partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance, bank wealth management products, and mutual funds to investors in various platforms, including Wukong Licai, 9F Wallet, and 9F Puhui.