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

XChange TEC.INC (NASDAQ:XHG) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 315,000 shares, a decrease of 28.6% from the January 15th total of 441,000 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily volume of 3,940,000 shares, the short-interest ratio is presently 0.1 days.

XChange TEC.INC Trading Up 35.4 %

XHG opened at $0.99 on Friday. The company’s 50 day simple moving average is $1.01. XChange TEC.INC has a one year low of $0.56 and a one year high of $60.00.

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.