CNFinance Holdings Limited (NYSE:CNF) Sees Significant Increase in Short Interest

CNFinance Holdings Limited (NYSE:CNF - Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 9,600 shares, an increase of 128.6% from the July 31st total of 4,200 shares. Based on an average daily volume of 39,000 shares, the short-interest ratio is presently 0.2 days.CNFinance Price PerformanceCNF stock traded up $0.10 during mid-day trading on Thursday, reaching $1.31. 44,408 shares of the company's stock were exchanged, compared to its average volume of 31,096. The company has a market cap of $89.84 million, a price-to-earnings ratio of 4.23 and a beta of 0.01. CNFinance has a 12-month low of $0.86 and a 12-month high of $4.10. The stock's 50 day moving average is $1.25 and its 200 day moving average is $1.66. The company has a debt-to-equity ratio of 2.23, a current ratio of 532.70 and a quick ratio of 436.40. CNFinance Company Profile (Get Free Report)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.Featured StoriesFive stocks we like better than CNFinanceWith Risk Tolerance, One Size Does Not Fit AllDoes A&F's Q2 Earnings Win Point to a Strong Holiday Season?What is a Bond Market Holiday? How to Invest and TradeBest Buy Stock Flashes Bullish Signal, Challenges Remain3 Stocks to Consider Buying in OctoberAffirm Shows Buy-Now-Pay-Later Is Here to Stay in Latest ResultsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Introducing The AI Retirement Playbook (From Brownstone Research) (Ad)Should you invest $1,000 in CNFinance right now?Before you consider CNFinance, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CNFinance wasn't on the list.While CNFinance currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here