CNFinance Holdings Limited (NYSE:CNF) Short Interest Update

CNFinance Holdings Limited (NYSE:CNF) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 12,600 shares, a drop of 24.6% from the September 15th total of 16,700 shares. Based on an average daily trading volume, of 160,400 shares, the days-to-cover ratio is currently 0.1 days.

CNFinance Trading Down 3.1 %

NYSE CNF traded down $0.05 during trading on Tuesday, hitting $1.58. The company had a trading volume of 101,249 shares, compared to its average volume of 64,917. CNFinance has a one year low of $0.86 and a one year high of $4.10. The company’s fifty day moving average is $1.17 and its 200-day moving average is $1.45. The company has a current ratio of 874.07, a quick ratio of 679.18 and a debt-to-equity ratio of 2.35. The company has a market cap of $108.36 million, a price-to-earnings ratio of 4.88 and a beta of -0.02.

About CNFinance

CNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners; and loan lending agency services for financial institutions. The company provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property.