AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) Short Interest Up 162.0% in January

AIFU Inc. – Sponsored ADR (NASDAQ:AIFU) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 14,367 shares, a growth of 162.0% from the January 15th total of 5,483 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily volume of 92,715 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 92,715 shares, the short-interest ratio is currently 0.2 days. Currently, 0.7% of the company’s shares are short sold.

Hedge Funds Weigh In On AIFU

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered AIFU from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, AIFU presently has a consensus rating of “Sell”.

AIFU Stock Performance

Shares of AIFU opened at $1.79 on Thursday. The stock has a 50-day simple moving average of $2.53 and a 200-day simple moving average of $4.21. AIFU has a 1 year low of $1.50 and a 1 year high of $9.40. The stock has a market capitalization of $5.19 million, a PE ratio of 0.12 and a beta of 0.65.

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

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.