Lufax Holding Ltd. Sponsored ADR (NYSE:LU) Short Interest Up 15.7% in April

Key Points

• Short interest rose 15.7% in April to 7,541,481 shares (about 0.9% of shares sold short) with a days‑to‑cover ratio of 11.7, indicating increased bearish positioning.
• Heightened legal risk: Multiple securities class‑action suits allege internal‑control deficiencies and report an auditor withdrew relied‑upon opinions, which could pressure the stock and increase potential liabilities.
• Analysts have a consensus "Reduce" rating with a $2.00 target; Lufax trades around $1.92, reported -$1.19 EPS last quarter, and has a market cap of about $1.66 billion.

Lufax Holding Ltd. Sponsored ADR (NYSE:LU - Get Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 7,541,481 shares, an increase of 15.7% from the March 31st total of 6,517,651 shares. Based on an average trading volume of 643,740 shares, the days-to-cover ratio is presently 11.7 days. Currently, 0.9% of the company's shares are sold short.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on LU. Zacks Research upgraded shares of Lufax to a "hold" rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. began coverage on Lufax in a report on Friday, April 17th. They issued a "neutral" rating and a $2.00 price objective on the stock. Finally, Wall Street Zen downgraded Lufax from a "hold" rating to a "sell" rating in a report on Saturday, February 21st. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce" and a consensus target price of $2.00.

Lufax Trading Up 3.0%

Shares of Lufax stock opened at $1.92 on Friday. The company has a fifty day moving average price of $2.12 and a 200 day moving average price of $2.54. Lufax has a twelve month low of $1.73 and a twelve month high of $4.57. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of -2.46 and a beta of 0.76.

Lufax (NYSE:LU - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The company reported ($1.19) earnings per share for the quarter. The company had revenue of $724.89 million for the quarter.

Institutional Trading of Lufax

A number of institutional investors have recently added to or reduced their stakes in LU. Amundi lifted its holdings in Lufax by 76.8% in the 1st quarter. Amundi now owns 97,223 shares of the company's stock worth $282,000 after buying an additional 42,236 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Lufax by 32.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 604,823 shares of the company's stock worth $1,796,000 after buying an additional 148,724 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Lufax by 0.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,343,505 shares of the company's stock worth $3,990,000 after buying an additional 8,236 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Lufax by 3.9% in the 2nd quarter. Geode Capital Management LLC now owns 143,238 shares of the company's stock worth $400,000 after buying an additional 5,417 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Lufax by 74.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 110,024 shares of the company's stock worth $307,000 after buying an additional 47,001 shares in the last quarter. 69.14% of the stock is owned by hedge funds and other institutional investors.

Lufax News Roundup

Here are the key news stories impacting Lufax this week:

• Positive Sentiment: No clear positive news items identified this cycle.
• Neutral Sentiment: Lufax filed its Annual Report on Form 20‑F for the year ended December 31, 2025; accessible on the company IR site. This is a routine regulatory filing that provides updated audited financials and disclosures but doesn't by itself resolve the legal issues investors are focused on. Lufax Announces Filing of Its Annual Report on Form 20-F
• Negative Sentiment: Multiple law firms have announced a securities class action filed against Lufax and are soliciting lead‑plaintiff motions on behalf of investors who bought LU between April 7, 2023 and January 26, 2025—adding litigation risk and potential future liabilities. INVESTOR ALERT: Pomerantz Law Firm Reminds Investors ...
• Negative Sentiment: Rosen Law Firm and others are urging investors to secure counsel and/or seek lead‑plaintiff status (May 20, 2026 deadline). Lead‑plaintiff contests can increase publicity and legal costs; the notice may accelerate investor selling or volatility. LU Investors Have Opportunity to Lead Lufax Holding Ltd Securities Fraud Lawsuit
• Negative Sentiment: Some firms allege the complaint centers on alleged internal‑control deficiencies and claims the company or its auditors raised red flags (including reports that an auditor withdrew relied‑upon opinions). Those allegations, if proven, could materially affect liabilities and investor confidence. LU Investor Alert: Lufax Holding Ltd Securities Fraud Lawsuit - Hagens Berman
• Negative Sentiment: Several additional firms (Glancy, Faruqi, Levi & Korsinsky, Robbins, Bernstein, SueWallSt and others) have issued deadline alerts and solicitations—amplifying media coverage and the probability of follow‑on suits or coordinated claims. This widespread legal outreach tends to keep shares under pressure until the allegations are resolved or clarified. ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Lufax Investors ...

Lufax Company Profile

Lufax NYSE: LU is a leading provider of online wealth management and personal finance services in China. Established in 2011 as a spin-off from Ping An Insurance (Group) Company of China, Lufax has developed a digital ecosystem designed to match retail and institutional investors with a diverse array of financial products. The company went public on the New York Stock Exchange in October 2020, underscoring its ambition to expand beyond its domestic market.

The firm's core business activities include peer-to-peer lending, consumer finance, supply chain and small-business lending, as well as online asset management.

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