Uxin Limited Sponsored ADR (NASDAQ:UXIN) Short Interest Update

Key Points

• Uxin Limited Sponsored ADR (NASDAQ:UXIN) experienced a dramatic increase in short interest by 26,028.6% in July, totaling 182,900 shares compared to just 700 shares at the end of June.
• Wall Street Zen raised Uxin's rating to a "hold" as of July 18th, indicating a more cautious outlook by analysts.
• The company's recent earnings report revealed a loss of ($0.03) earnings per share (EPS) and a negative return on equity of 498.99% for the quarter.

Uxin Limited Sponsored ADR (NASDAQ:UXIN - Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 182,900 shares, agrowthof26,028.6% from the June 30th total of 700 shares. Based on an average daily volume of 56,000 shares, the short-interest ratio is currently 3.3 days. Approximately0.1% of the shares of the stock are short sold. Approximately0.1% of the shares of the stock are short sold. Based on an average daily volume of 56,000 shares, the short-interest ratio is currently 3.3 days.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Uxin to a "hold" rating in a report on Friday, July 18th.

Institutional Investors Weigh In On Uxin

A hedge fund recently bought a new stake in Uxin stock. XTX Topco Ltd acquired a new stake in Uxin Limited Sponsored ADR (NASDAQ:UXIN - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 15,052 shares of the company's stock, valued at approximately $60,000. Institutional investors own 22.41% of the company's stock.

Uxin Stock Up 6.8%

NASDAQ UXIN traded up $0.25 during trading hours on Tuesday, hitting $3.90. The company's stock had a trading volume of 92,193 shares, compared to its average volume of 56,242. Uxin has a twelve month low of $1.41 and a twelve month high of $7.84. The stock has a fifty day moving average of $4.04 and a 200 day moving average of $4.23. The firm has a market capitalization of $733.16 million, a P/E ratio of -19.50 and a beta of 1.32.

Uxin (NASDAQ:UXIN - Get Free Report) last issued its quarterly earnings data on Thursday, June 12th. The company reported ($0.03) EPS for the quarter. Uxin had a negative return on equity of 498.99% and a negative net margin of 12.86%. The company had revenue of $69.48 million for the quarter.

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.