CNFinance Holdings Limited (NYSE:CNF) Short Interest Down 9.2% in September

CNFinance Holdings Limited (NYSE:CNF) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 16,700 shares, a drop of 9.2% from the August 31st total of 18,400 shares. Based on an average daily volume of 57,500 shares, the short-interest ratio is presently 0.3 days.

CNFinance Stock Up 22.5 %

Shares of NYSE:CNF opened at $1.25 on Tuesday. The stock has a market capitalization of $85.73 million, a P/E ratio of 4.03 and a beta of -0.02. The stock’s 50-day moving average price is $1.03 and its 200-day moving average price is $1.48. The company has a current ratio of 874.07, a quick ratio of 679.18 and a debt-to-equity ratio of 2.35. CNFinance has a 12-month low of $0.86 and a 12-month high of $4.10.

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.