Short Interest in Uxin Limited (NASDAQ:UXIN) Rises By 34.0%

Uxin Limited (NASDAQ:UXIN - Get Free Report) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 319,300 shares, a growth of 34.0% from the March 15th total of 238,300 shares. Based on an average trading volume of 52,200 shares, the short-interest ratio is presently 6.1 days. Currently, 0.2% of the shares of the stock are sold short.

Uxin Stock Down 0.2 %

UXIN traded down $0.01 during midday trading on Thursday, reaching $4.48. 4,165 shares of the company's stock were exchanged, compared to its average volume of 539,485. Uxin has a one year low of $1.41 and a one year high of $7.84. The firm has a market capitalization of $841.42 million, a price-to-earnings ratio of -0.22 and a beta of 1.29. The business has a 50-day simple moving average of $4.14 and a two-hundred day simple moving average of $4.47.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Uxin stock. Advisors Preferred LLC bought a new position in Uxin Limited (NASDAQ:UXIN - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,748 shares of the company's stock, valued at approximately $27,000. Institutional investors own 22.41% of the company's stock.

About Uxin

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.