China Finance Online Short Interest Down 25.3% in July (JRJC)
Shares of China Finance Online (NASDAQ:JRJC) were the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totalling 400,560 shares, a decrease of 25.3% from the July 15th total of 535,913 shares, Analyst Ratings Network reports. Currently, 1.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 264,502 shares, the short-interest ratio is presently 1.5 days.
Separately, analysts at TheStreet downgraded shares of China Finance Online from a “hold” rating to a “sell” rating in a research note on Monday, June 23rd.
China Finance Online (NASDAQ:JRJC) opened at 4.45 on Friday. China Finance Online has a one year low of $1.61 and a one year high of $8.20. The stock has a 50-day moving average of $4.19 and a 200-day moving average of $4.73. The company’s market cap is $97.2 million.
China Finance Online (NASDAQ:JRJC) last posted its quarterly earnings results on Friday, June 20th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $23.20 million for the quarter, compared to the consensus estimate of $26.50 million.
China Finance Online Co Limited (NASDAQ:JRJC) is a provider of vertically integrated financial services and products, including news, data, analytics and brokerage through Web portals, software systems and mobile handsets.
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