XChange TEC.INC (NASDAQ:XHG) Sees Large Decline in Short Interest

XChange TEC.INC (NASDAQ:XHG) saw a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 5,400 shares, a decrease of 43.2% from the November 15th total of 9,500 shares. Based on an average daily volume of 477,500 shares, the days-to-cover ratio is currently 0.0 days. Approximately 2.5% of the company’s stock are sold short.

XChange TEC.INC Trading Down 3.2 %

Shares of NASDAQ XHG opened at $1.51 on Thursday. The business’s 50-day moving average is $2.92. XChange TEC.INC has a 1-year low of $1.35 and a 1-year high of $60.00.

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.