9F Inc. (NASDAQ:JFU) Short Interest Down 91.5% in October

9F Inc. (NASDAQ:JFU) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 16,000 shares, a decrease of 91.5% from the September 30th total of 188,700 shares. Based on an average daily volume of 72,200 shares, the short-interest ratio is currently 0.2 days.

9F Stock Performance

NASDAQ:JFU remained flat at $1.67 during midday trading on Friday. 3,021 shares of the company traded hands, compared to its average volume of 224,508. 9F has a one year low of $1.21 and a one year high of $4.90. The company’s fifty day simple moving average is $1.85 and its 200 day simple moving average is $2.24.

Institutional Trading of 9F

An institutional investor recently bought a new position in 9F stock. Cetera Advisors LLC purchased a new stake in 9F Inc. (NASDAQ:JFU) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 (SEC).

About 9F

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.