Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 23,300 shares, a decline of 27.6% from the March 31st total of 32,200 shares. Based on an average daily trading volume, of 69,100 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Investors Weigh In On Jiayin Group
A hedge fund recently raised its stake in Jiayin Group stock. QRG Capital Management Inc. lifted its stake in shares of Jiayin Group Inc. (NASDAQ:JFIN - Free Report) by 45.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,082 shares of the company's stock after purchasing an additional 5,031 shares during the quarter. QRG Capital Management Inc.'s holdings in Jiayin Group were worth $83,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 44.08% of the company's stock.
Jiayin Group Stock Up 4.6 %
Shares of NASDAQ:JFIN traded up $0.29 during midday trading on Friday, hitting $6.65. The stock had a trading volume of 27,141 shares, compared to its average volume of 54,150. The company's 50-day moving average price is $6.41 and its 200-day moving average price is $5.70. The company has a market capitalization of $357.04 million, a P/E ratio of 1.96 and a beta of 0.97. Jiayin Group has a fifty-two week low of $3.90 and a fifty-two week high of $8.19.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last announced its quarterly earnings results on Thursday, March 28th. The company reported $0.96 earnings per share (EPS) for the quarter. The company had revenue of $225.43 million for the quarter. Jiayin Group had a net margin of 23.75% and a return on equity of 66.42%.
About Jiayin Group
(
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Jiayin Group Inc provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates transparent, secure, and fast connections between individual borrowers and financial institutions funding partners. It also offers referral services for investment products offered by the financial service providers; and software development, risk control, marketing support, and IT assistance services.
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