X Financial (NYSE:XYF) Short Interest Up 442.9% in May

X Financial (NYSE:XYF - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 3,800 shares, an increase of 442.9% from the May 15th total of 700 shares. Based on an average trading volume of 23,100 shares, the days-to-cover ratio is presently 0.2 days.

X Financial Price Performance

Shares of NYSE:XYF traded down $0.01 during midday trading on Wednesday, reaching $4.24. The company had a trading volume of 2,913 shares, compared to its average volume of 18,412. The stock has a market capitalization of $207.45 million, a P/E ratio of 1.20 and a beta of 0.22. The stock's fifty day moving average price is $3.91 and its 200-day moving average price is $3.98. X Financial has a one year low of $3.41 and a one year high of $5.00.

X Financial (NYSE:XYF - Get Free Report) last released its earnings results on Tuesday, March 26th. The company reported $0.64 earnings per share for the quarter. X Financial had a net margin of 25.18% and a return on equity of 21.60%. The company had revenue of $167.98 million during the quarter.

X Financial Announces Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 10th were issued a dividend of $0.17 per share. This represents a yield of 4.2%. The ex-dividend date of this dividend was Thursday, May 9th. X Financial's dividend payout ratio is presently 9.04%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in X Financial stock. Acadian Asset Management LLC boosted its holdings in X Financial (NYSE:XYF - Free Report) by 18.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,899 shares of the company's stock after purchasing an additional 5,398 shares during the quarter. Acadian Asset Management LLC owned approximately 0.07% of X Financial worth $139,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.15% of the company's stock.

X Financial Company Profile

X Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners, as well as Xiaoying revolving loan.

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