XChange TEC.INC (NASDAQ:XHG) Short Interest Down 43.8% in October

XChange TEC.INC (NASDAQ:XHG) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 234,200 shares, a decline of 43.8% from the September 30th total of 416,900 shares. Currently, 5.5% of the shares of the company are sold short. Based on an average daily volume of 8,750,000 shares, the short-interest ratio is currently 0.0 days.

XChange TEC.INC Price Performance

NASDAQ XHG opened at $0.19 on Monday. XChange TEC.INC has a 1 year low of $0.18 and a 1 year high of $14.20. The firm’s fifty day simple moving average is $0.56.

XChange TEC.INC Company Profile

XChange TEC.INC engages in the professional insurance agency business in the People’s Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies.