X Financial Sponsored ADR (NYSE:XYF) Short Interest Up 308.9% in July

Key Points

• The short interest in X Financial Sponsored ADR (NYSE: XYF) grew by 308.9% in July, reaching a total of 192,600 shares compared to 47,100 shares at the end of June.
• Acadian Asset Management LLC increased its holdings in X Financial by 29.4%, acquiring an additional 24,395 shares, bringing its total ownership to 107,272 shares.
• X Financial reported a net margin of 24.76% with a revenue of $267 million in its most recent quarterly earnings announcement.

X Financial Sponsored ADR (NYSE:XYF - Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 192,600 shares, agrowthof308.9% from the June 30th total of 47,100 shares. Based on an average daily volume of 317,600 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 317,600 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On X Financial

An institutional investor recently bought a new position in X Financial stock. Hhlr Advisors LTD. purchased a new stake in shares of X Financial Sponsored ADR (NYSE:XYF - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 50,000 shares of the company's stock, valued at approximately $720,000. Hhlr Advisors LTD. owned about 0.10% of X Financial as of its most recent filing with the Securities & Exchange Commission. 1.15% of the stock is currently owned by institutional investors.

X Financial Price Performance

Shares of NYSE XYF traded down $0.29 during trading on Thursday, hitting $13.94. The stock had a trading volume of 278,181 shares, compared to its average volume of 264,340. The company has a market capitalization of $582.41 million, a PE ratio of 2.90 and a beta of 0.25. The firm has a fifty day moving average of $17.46 and a two-hundred day moving average of $13.83. X Financial has a 12 month low of $4.05 and a 12 month high of $20.35.

X Financial (NYSE:XYF - Get Free Report) last issued its quarterly earnings data on Monday, May 19th. The company reported $1.40 EPS for the quarter. X Financial had a net margin of 24.76% and a return on equity of 23.30%. The company had revenue of $267.00 million during the quarter.

About X Financial

X Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.