CNFinance Holdings Limited (NYSE:CNF) Short Interest Update

CNFinance Holdings Limited (NYSE:CNF – Get Free Report ) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 16,700 shares, a decrease of 9.2% from August 31st’s total of 18,400 shares. Based on an average daily trading volume of 57,500 shares, the days-to-cover ratio is currently 0.3 days.

CNFinance stocks rose 7.4%

Shares of CNFinance traded up $0.07 during midday trading on Friday, reaching $1.02. The stock had a trading volume of 20,707 shares, compared to its average volume of 29,189. The company’s fifty-day simple moving average is $1.03, and its 200-day simple moving average is $1.48. CNFinance has a 1 year low of $0.86 and a 1 year high of $4.10. The stock has a market cap of $69.95 million, a P/E ratio of 3.29 and a beta of -0.02. The company has a debt-to-equity ratio of 2.35, a quick ratio of 679.18, and a current ratio of 874.07.

CNFinance company profile

(Get a free report)

CNFinance Holdings Limited, through its subsidiaries, provides equity lending services in the People’s Republic of China. Provides microcredit services for micro and small business owners; and credit agency services for financial institutions. The company offers bridge loan products, which are short-term unsecured loans to pay off borrowers’ existing loans secured by real estate.

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