Short Interest in XChange TEC.INC (NASDAQ:XHG) Decreases By 40.4%

XChange TEC.INC (NASDAQ:XHG) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 930,200 shares, a decrease of 40.4% from the February 13th total of 1,560,000 shares. Based on an average daily volume of 4,490,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 4.7% of the shares of the stock are sold short.

XChange TEC.INC Trading Up 3.6 %

Shares of XHG stock opened at $0.85 on Friday. XChange TEC.INC has a 12-month low of $0.56 and a 12-month high of $60.00. The business’s 50 day moving average is $0.90 and its two-hundred day moving average is $3.93.

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.