AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) Sees Significant Decrease in Short Interest

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 14,412 shares, a decline of 18.3% from the November 30th total of 17,631 shares. Based on an average trading volume of 3,235 shares, the days-to-cover ratio is currently 4.5 days. Approximately 0.7% of the shares of the company are short sold. Approximately 0.7% of the shares of the company are short sold. Based on an average trading volume of 3,235 shares, the days-to-cover ratio is currently 4.5 days.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AIFU. Wall Street Zen raised shares of AIFU from a “sell” rating to a “hold” rating in a report on Sunday, September 21st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of AIFU in a report on Monday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, AIFU presently has a consensus rating of “Hold”.

Institutional Investors Weigh In On AIFU

An institutional investor recently bought a new position in AIFU stock. Acadian Asset Management LLC purchased a new stake in AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 868,208 shares of the company’s stock, valued at approximately $182,000. Acadian Asset Management LLC owned about 1.50% of AIFU as of its most recent filing with the Securities and Exchange Commission (SEC). 26.72% of the stock is currently owned by hedge funds and other institutional investors.

AIFU Stock Performance

Shares of AIFU opened at $2.68 on Wednesday. The stock has a 50 day moving average price of $3.48 and a 200 day moving average price of $5.00. AIFU has a one year low of $1.50 and a one year high of $23.60. The stock has a market capitalization of $7.77 million, a price-to-earnings ratio of 0.18 and a beta of 0.55.

AIFU (NASDAQ:AIFU) last announced its earnings results on Tuesday, September 30th. The company reported ($854.10) earnings per share (EPS) for the quarter. The business had revenue of $20.76 million for the quarter.

AIFU Company Profile

AIX, Inc engages in the provision of agency services and insurance claims adjusting services. It operates through the Insurance Agency and Claims Adjusting segments. The Insurance Agency segment includes providing agency services for insurance products and life insurance products. The Claims Adjusting segment provides pre-underwriting survey services, claims adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services. The company was founded by Yin An Hu and Qiu Ping Lai in 1998 and is headquartered in Guangzhou, China.