Jiayin Group Inc. (NASDAQ:JFIN - Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 27,100 shares, an increase of 116.8% from the September 15th total of 12,500 shares. Based on an average daily volume of 117,600 shares, the days-to-cover ratio is presently 0.2 days.
Several large investors have recently added to or reduced their stakes in JFIN. Ariadne Wealth Management LP acquired a new stake in shares of Jiayin Group in the 2nd quarter valued at $31,000. Fermata Advisors LLC bought a new stake in shares of Jiayin Group during the 2nd quarter worth about $78,000. Advisors Preferred LLC bought a new position in shares of Jiayin Group in the 1st quarter valued at approximately $98,000. Finally, Boston Partners acquired a new stake in Jiayin Group in the 1st quarter worth approximately $439,000. 44.08% of the stock is owned by institutional investors.
Shares of Jiayin Group stock traded down $0.03 on Friday, hitting $7.29. 78,064 shares of the company traded hands, compared to its average volume of 80,756. Jiayin Group has a 12-month low of $4.00 and a 12-month high of $8.58. The company has a market cap of $391.40 million, a PE ratio of 2.38 and a beta of 0.83. The company has a 50-day moving average price of $5.93 and a 200 day moving average price of $6.25.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last issued its earnings results on Tuesday, August 27th. The company reported $0.60 EPS for the quarter. Jiayin Group had a return on equity of 49.78% and a net margin of 20.00%. The firm had revenue of $203.15 million for the quarter.
The firm also recently announced a -- dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were paid a $0.50 dividend. This represents a yield of 14.5%. The ex-dividend date of this dividend was Tuesday, August 27th. Jiayin Group's dividend payout ratio (DPR) is presently 28.30%.
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.
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