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XChange TEC.INC. Sponsored ADR (NASDAQ:XHG) Short Interest Down 25.2% in April

XChange TEC.INC. logo with Business Services background
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XChange TEC.INC. Sponsored ADR (NASDAQ:XHG - Get Free Report) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totaling 38,591 shares, a decrease of 25.2% from the March 31st total of 51,617 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 105,179 shares, the days-to-cover ratio is presently 0.4 days.

XChange TEC.INC. Trading Down 2.9%

XHG stock opened at $1.05 on Wednesday. The company has a 50 day simple moving average of $0.91 and a 200 day simple moving average of $0.93. XChange TEC.INC. has a 1 year low of $0.65 and a 1 year high of $3.23.

About XChange TEC.INC.

(Get Free Report)

XChange TEC.INC engages in the professional insurance agency business in the People's Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies. It also offers automobile, life, health, group accident, and other property related insurances primarily to individual end consumers. In addition, the company operates a SaaS platform to offer comprehensive services to online customers.

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