Uxin Limited (NASDAQ:UXIN) Sees Large Decline in Short Interest

Uxin Limited (NASDAQ:UXIN - Get Free Report) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totalling 202,200 shares, a decline of 14.9% from the April 30th total of 237,700 shares. Based on an average trading volume of 27,300 shares, the days-to-cover ratio is currently 7.4 days. Approximately 0.1% of the company's stock are short sold.

Institutional Investors Weigh In On Uxin

An institutional investor recently bought a new position in Uxin stock. Advisors Preferred LLC purchased a new stake in Uxin Limited (NASDAQ:UXIN - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,748 shares of the company's stock, valued at approximately $27,000. 22.41% of the stock is owned by hedge funds and other institutional investors.

Uxin Stock Down 1.6%

Shares of UXIN stock traded down $0.06 on Friday, hitting $3.74. The stock had a trading volume of 20,458 shares, compared to its average volume of 528,571. The business has a 50 day moving average price of $4.28 and a 200 day moving average price of $4.37. Uxin has a one year low of $1.41 and a one year high of $7.84. The company has a market cap of $703.07 million, a PE ratio of -0.18 and a beta of 1.37.

Uxin (NASDAQ:UXIN - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported ($0.03) earnings per share for the quarter. Uxin had a negative return on equity of 248.43% and a negative net margin of 20.57%. The business had revenue of $81.76 million for the quarter.

Uxin Company Profile

Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services.