Uxin Limited (NASDAQ:UXIN – Get Rating) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,390,000 shares, an increase of 29.9% from the March 31st total of 1,070,000 shares. Currently, 3.3% of the company's shares are sold short. Based on an average trading volume of 271,300 shares, the short-interest ratio is currently 5.1 days.
Uxin Price Performance
Shares of Uxin stock opened at $1.12 on Friday. The company has a market capitalization of $44.31 million, a P/E ratio of -2.38 and a beta of 0.63. The business has a 50-day moving average of $2.16 and a two-hundred day moving average of $2.88. Uxin has a 1 year low of $0.80 and a 1 year high of $10.70.
Get Uxin alerts:Hedge Funds Weigh In On Uxin
Several institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. acquired a new position in shares of Uxin in the 4th quarter valued at approximately $27,000. State Street Corp grew its position in shares of Uxin by 12.1% in the 3rd quarter. State Street Corp now owns 383,650 shares of the company's stock valued at $230,000 after purchasing an additional 41,449 shares during the period. Quent Capital LLC grew its position in shares of Uxin by 12.3% in the 3rd quarter. Quent Capital LLC now owns 91,000 shares of the company's stock valued at $55,000 after purchasing an additional 10,000 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Uxin by 93.8% in the 2nd quarter. Goldman Sachs Group Inc. now owns 601,297 shares of the company's stock valued at $253,000 after purchasing an additional 290,980 shares during the period. Finally, Nomura Holdings Inc. acquired a new position in shares of Uxin in the 2nd quarter valued at approximately $29,000.
Uxin Company Profile
(Get Rating)
Uxin Ltd. operates an online used car transaction services platform. It offers used car online auction, online retail, and financial derivative services. The company was founded by Dai Kun on August 11, 2011 and is headquartered in Beijing, China.
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