CNFinance Holdings Limited (NYSE:CNF) Short Interest Down 24.6% in September

CNFinance Holdings Limited (NYSE:CNF) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 12,600 shares, a decrease of 24.6% from the September 15th total of 16,700 shares. Based on an average trading volume of 160,400 shares, the days-to-cover ratio is presently 0.1 days.

CNFinance Stock Performance

Shares of NYSE:CNF traded down $0.05 on Tuesday, hitting $1.58. 104,374 shares of the company were exchanged, compared to its average volume of 64,933. The firm has a market capitalization of $108.36 million, a P/E ratio of 4.88 and a beta of -0.02. The company has a current ratio of 874.07, a quick ratio of 679.18 and a debt-to-equity ratio of 2.35. CNFinance has a 1-year low of $0.86 and a 1-year high of $4.10. The stock’s 50 day moving average price is $1.17 and its 200 day moving average price is $1.45.

About CNFinance

CNFinance Holdings Limited, through its subsidiaries, provides home equity loan services in the People's Republic of China. It offers micro credit loan services for micro and small-enterprise owners; and loan lending agency services for financial institutions. The company provides bridge loan products, which are unsecured short-term loans to pay off borrowers' existing loans secured by real property.