CNFinance Holdings Limited (NYSE:CNF – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 16,700 shares, a drop of 9.2% from the August 31st total of 18,400 shares. Based on an average daily trading volume, of 57,500 shares, the days-to-cover ratio is presently 0.3 days.
CNFinance Stock Up 7.4 %
CNFinance stock traded up $0.07 during midday trading on Friday, reaching $1.02. The stock had a trading volume of 20,707 shares, compared to its average volume of 29,189. The firm’s fifty day simple moving average is $1.03 and its 200-day simple moving average is $1.48. CNFinance has a 1-year low of $0.86 and a 1-year high of $4.10. The stock has a market capitalization of $69.95 million, a P/E ratio of 3.29 and a beta of -0.02. The company has a debt-to-equity ratio of 2.35, a quick ratio of 679.18 and a current ratio of 874.07.
CNFinance Company Profile
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