Short Interest in Jiayin Group Inc. (NASDAQ:JFIN) Increases By 11.9%

Jiayin Group Inc. (NASDAQ:JFIN) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 31,900 shares, a growth of 11.9% from the November 30th total of 28,500 shares. Based on an average daily trading volume, of 119,200 shares, the short-interest ratio is presently 0.3 days.

Jiayin Group Price Performance

Shares of NASDAQ:JFIN opened at $6.37 on Wednesday. The company’s 50-day moving average price is $6.47 and its two-hundred day moving average price is $6.20. Jiayin Group has a one year low of $4.00 and a one year high of $8.58. The stock has a market capitalization of $341.97 million, a PE ratio of 2.12 and a beta of 0.88.

Institutional Trading of Jiayin Group

An institutional investor recently bought a new position in Jiayin Group stock. Ariadne Wealth Management LP purchased a new stake in Jiayin Group Inc. (NASDAQ:JFIN) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,023 shares of the company’s stock, valued at approximately $31,000. 44.08% of the stock is currently owned by hedge funds and other institutional investors.

About Jiayin Group

Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.