Yiren Digital (YRD) Stock Forecast, Price & News

Yiren Digital's stock was trading at $1.37 at the beginning of 2023. Since then, YRD stock has increased by 47.4% and is now trading at $2.02.
View the best growth stocks for 2023 here.

Yiren Digital saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 42,900 shares, an increase of 66.9% from the April 30th total of 25,700 shares. Based on an average daily volume of 45,300 shares, the short-interest ratio is presently 0.9 days.
View Yiren Digital's Short Interest.

Yiren Digital Ltd. (NYSE:YRD) announced its earnings results on Thursday, March, 16th. The technology company reported $0.78 EPS for the quarter. The technology company earned $157.76 million during the quarter.

Yiren Digital updated its FY 2023 earnings guidance on Thursday, March, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $521.95 million-$579.95 million, compared to the consensus revenue estimate of $564.67 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Yiren Digital investors own include Alibaba Group (BABA), NVIDIA (NVDA), Baidu (BIDU), Micron Technology (MU), Qudian (QD), Weibo (WB), Salesforce (CRM), Block (SQ), Adobe (ADBE) and Align Technology (ALGN).

(YRD) raised $75 million in an initial public offering (IPO) on Friday, December 18th 2015. The company issued 7,500,000 shares at $9.00-$11.00 per share. Morgan Stanley, Credit Suisse and China Renaissance served as the underwriters for the IPO and Needham & Company was co-manager.

Yiren Digital trades on the New York Stock Exchange (NYSE) under the ticker symbol "YRD."

Yiren Digital's stock is owned by a variety of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (0.31%), Envestnet Asset Management Inc. (0.08%) and Group One Trading L.P. (0.00%).

Shares of YRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of YRD stock can currently be purchased for approximately $2.02.

Yiren Digital (NYSE:YRD) has a market capitalization of $172.39 million and generates $497.97 million in revenue each year.

The company employs 1,064 workers across the globe.

Yiren Digital's mailing address is 10/F BUILDING 9 91 JIANGUO ROAD CHAOYANG DISTRICT, BEIJING F4, 100022. The official website for the company is www.yirendai.com. The technology company can be reached via phone at 861050905315 or via email at ir@yirendai.com.