Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 120,200 shares, a growth of 138.5% from the March 15th total of 50,400 shares. Based on an average trading volume of 168,000 shares, the short-interest ratio is presently 0.7 days. Currently, 0.5% of the company's shares are short sold.
Jiayin Group Trading Up 1.5 %
JFIN stock traded up $0.15 during midday trading on Friday, hitting $10.42. 28,965 shares of the company's stock were exchanged, compared to its average volume of 105,633. Jiayin Group has a 1-year low of $4.00 and a 1-year high of $16.22. The stock has a market capitalization of $559.40 million, a PE ratio of 3.47 and a beta of 0.62. The business has a 50-day simple moving average of $10.94 and a two-hundred day simple moving average of $8.35.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last issued its quarterly earnings data on Thursday, March 27th. The company reported $0.72 earnings per share (EPS) for the quarter. Jiayin Group had a return on equity of 43.90% and a net margin of 19.17%. The firm had revenue of $192.42 million during the quarter.
Hedge Funds Weigh In On Jiayin Group
Several large investors have recently made changes to their positions in the stock. LPL Financial LLC purchased a new stake in Jiayin Group in the fourth quarter valued at approximately $174,000. Renaissance Technologies LLC lifted its position in shares of Jiayin Group by 10.3% during the 4th quarter. Renaissance Technologies LLC now owns 19,291 shares of the company's stock worth $123,000 after purchasing an additional 1,799 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Jiayin Group during the 4th quarter worth about $109,000. 44.08% of the stock is currently owned by institutional investors and hedge funds.
About Jiayin Group
(
Get Free Report)
Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.
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