Yirendai Ltd. (NYSE:YRD) Short Interest Update

Key Points

• Yirendai Ltd. experienced a significant decline in short interest, dropping by 26.9% in August, bringing the total to 57,200 shares.
• The company announced a quarterly earnings per share (EPS) of $0.57 and reported a revenue of $230.62 million for the recent quarter.
• Yirendai declared a $0.22 dividend with a yield of 620.0%, to be paid on October 15th, with a record date of September 30th.

Yirendai Ltd. (NYSE:YRD - Get Free Report) was the target of a significant decrease in short interest in August. As of August 15th, there was short interest totaling 57,200 shares, adecreaseof26.9% from the July 31st total of 78,200 shares. Based on an average daily volume of 108,100 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 108,100 shares, the short-interest ratio is currently 0.5 days.

Yirendai Trading Down 0.3%

Shares of YRD stock traded down $0.02 during trading hours on Monday, reaching $5.71. 61,746 shares of the company's stock were exchanged, compared to its average volume of 85,126. The stock's 50 day moving average is $5.97 and its 200-day moving average is $6.30. The company has a market cap of $493.40 million, a price-to-earnings ratio of 2.77 and a beta of 0.86. Yirendai has a fifty-two week low of $4.37 and a fifty-two week high of $9.20.

Yirendai (NYSE:YRD - Get Free Report) last issued its quarterly earnings results on Thursday, August 21st. The technology company reported $0.57 earnings per share (EPS) for the quarter. The business had revenue of $230.62 million for the quarter. Yirendai had a return on equity of 13.42% and a net margin of 21.07%. Yirendai has set its Q3 2025 guidance at EPS.

Yirendai Dividend Announcement

The firm also recently declared a -- dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $0.22 dividend. This represents a yield of 620.0%. The ex-dividend date of this dividend is Tuesday, September 30th. Yirendai's dividend payout ratio is presently 19.42%.

Institutional Investors Weigh In On Yirendai

Several hedge funds have recently modified their holdings of the company. Two Sigma Investments LP acquired a new position in shares of Yirendai during the 4th quarter worth about $61,000. Atria Wealth Solutions Inc. acquired a new position in shares of Yirendai during the 1st quarter worth about $103,000. Public Employees Retirement System of Ohio raised its position in shares of Yirendai by 43.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 38,528 shares of the technology company's stock worth $185,000 after purchasing an additional 11,583 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Yirendai by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,088,920 shares of the technology company's stock worth $5,225,000 after purchasing an additional 30,641 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Yirendai by 15.2% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 393,987 shares of the technology company's stock worth $2,711,000 after purchasing an additional 52,110 shares during the last quarter. 1.99% of the stock is owned by hedge funds and other institutional investors.

About Yirendai

Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.