XChange TEC.INC (NASDAQ:XHG) Short Interest Update

XChange TEC.INC (NASDAQ:XHG) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totalling 234,200 shares, a decline of 43.8% from the September 30th total of 416,900 shares. Based on an average daily volume of 8,750,000 shares, the short-interest ratio is presently 0.0 days. Approximately 5.5% of the company’s stock are sold short.

XChange TEC.INC Stock Performance

XHG remained flat at $0.19 during trading on Friday. 1,406,178 shares of the company’s stock traded hands, compared to its average volume of 3,824,808. The firm has a fifty day simple moving average of $0.56. XChange TEC.INC has a 1 year low of $0.18 and a 1 year high of $14.20.

XChange TEC.INC Company Profile

XChange TEC.INC engages in the professional insurance agency business in the People’s Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies.