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

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 5,483 shares, a drop of 47.3% from the December 31st total of 10,410 shares. Based on an average daily volume of 21,282 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 21,282 shares, the short-interest ratio is currently 0.3 days.

AIFU Stock Performance

NASDAQ AIFU opened at $1.95 on Friday. AIFU has a 52 week low of $1.50 and a 52 week high of $10.71. The stock’s 50 day moving average price is $2.71 and its two-hundred day moving average price is $4.57. The stock has a market capitalization of $5.66 million, a price-to-earnings ratio of 0.13 and a beta of 0.58.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of AIFU in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, AIFU presently has an average rating of “Hold”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AIFU stock. Acadian Asset Management LLC purchased a new stake in shares of AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) in the 1st quarter, according to the company in its most recent disclosure with the 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 at the end of the most recent reporting period. 26.72% of the stock is currently owned by institutional investors and hedge funds.

About AIFU

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.