Short Interest in Uxin Limited (NASDAQ:UXIN) Declines By 29.1%

Uxin Limited (NASDAQ:UXIN) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 61,400 shares, a decrease of 29.1% from the August 31st total of 86,600 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 331,700 shares, the days-to-cover ratio is presently 0.2 days.

Uxin Stock Performance

Shares of UXIN traded up $0.80 during midday trading on Friday, hitting $3.63. 3,639,274 shares of the stock were exchanged, compared to its average volume of 199,193. The firm has a market cap of $17.07 million, a P/E ratio of -0.21 and a beta of 1.13. Uxin has a 52-week low of $1.41 and a 52-week high of $16.90. The stock has a fifty day simple moving average of $1.69 and a 200 day simple moving average of $2.00.

Uxin (NASDAQ:UXIN) last posted its quarterly earnings data on Monday, September 23rd. The company reported ($0.03) EPS for the quarter. The business had revenue of $55.21 million during the quarter. Uxin had a negative net margin of 40.91% and a negative return on equity of 173.92%.

About Uxin

Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services.