XChange TEC.INC (NASDAQ:XHG) Sees Large Decrease in Short Interest

XChange TEC.INC (NASDAQ:XHG) saw a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 5,400 shares, a drop of 43.2% from the November 15th total of 9,500 shares. Based on an average daily volume of 477,500 shares, the short-interest ratio is presently 0.0 days. Approximately 2.5% of the company’s shares are sold short.

XChange TEC.INC Price Performance

Shares of XHG stock opened at $1.54 on Friday. XChange TEC.INC has a 12-month low of $1.35 and a 12-month high of $60.00. The company has a fifty day moving average price of $2.66.

XChange TEC.INC Company Profile

XChange TEC.INC engages in the professional insurance agency business in the People’s Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies.