Yirendai Ltd. (NYSE:YRD) Short Interest Down 26.9% in August

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 recipient of a large decline in short interest during the month of August. As of August 15th, there was short interest totaling 57,200 shares, a decline of 26.9% from the July 31st total of 78,200 shares. Based on an average trading volume of 108,100 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 108,100 shares, the days-to-cover ratio is presently 0.5 days.

Yirendai Trading Down 0.1%

YRD traded down $0.01 during trading on Friday, reaching $6.00. 103,852 shares of the company's stock were exchanged, compared to its average volume of 82,868. Yirendai has a one year low of $4.41 and a one year high of $9.20. The stock has a market capitalization of $518.03 million, a PE ratio of 2.91 and a beta of 0.86. The firm has a fifty day moving average price of $5.96 and a two-hundred day moving average price of $6.28.

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

Yirendai Announces Dividend

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

Institutional Investors Weigh In On Yirendai

Institutional investors have recently added to or reduced their stakes in the business. AXA S.A. grew its holdings in Yirendai by 80.7% during the 4th quarter. AXA S.A. now owns 11,562 shares of the technology company's stock worth $55,000 after acquiring an additional 5,165 shares during the last quarter. Two Sigma Investments LP bought a new stake in Yirendai during the 4th quarter worth approximately $61,000. Atria Wealth Solutions Inc. bought a new stake in shares of Yirendai in the 1st quarter valued at $103,000. Catalyst Funds Management Pty Ltd boosted its stake in shares of Yirendai by 13.6% in the 2nd quarter. Catalyst Funds Management Pty Ltd now owns 15,900 shares of the technology company's stock valued at $93,000 after purchasing an additional 1,900 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Yirendai by 35.7% in the 2nd quarter. American Century Companies Inc. now owns 23,799 shares of the technology company's stock valued at $140,000 after purchasing an additional 6,261 shares during the last quarter. 1.99% of the stock is owned by institutional investors.

Yirendai Company Profile

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.