Uxin Limited (NASDAQ:UXIN) Sees Significant Decrease in Short Interest

Uxin Limited (NASDAQ:UXIN) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 441,700 shares, a decline of 14.8% from the November 30th total of 518,200 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 1,640,000 shares, the days-to-cover ratio is currently 0.3 days.

Uxin Trading Up 4.9 %

Shares of NASDAQ UXIN traded up $0.22 on Friday, reaching $4.68. 68,223 shares of the company traded hands, compared to its average volume of 543,591. The company has a 50 day moving average of $4.50 and a 200 day moving average of $3.20. Uxin has a fifty-two week low of $1.41 and a fifty-two week high of $8.00. The stock has a market capitalization of $878.98 million, a PE ratio of -0.23 and a beta of 1.37.

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.