Fincera Inc (OTCMKTS:YUANF) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 500 shares, a growth of 150.0% from the September 30th total of 200 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 0.2 days.
OTCMKTS:YUANF opened at $0.71 on Friday. The stock has a 50-day simple moving average of $1.07 and a two-hundred day simple moving average of $0.76. Fincera has a 52-week low of $0.01 and a 52-week high of $10.96.
Fincera Inc focuses on providing online lending and e-commerce services for small and medium-sized businesses (SMBs) and individuals in China. The company operates in two segments, Internet-Based Financial and E-Commerce Services, and Property Lease and Management. The company's financial services platforms include CeraPay, a revolving credit product that processes and settles transactions between its borrowers and merchants; and CeraVest, a peer-to-peer lending platform that provides short-term financing primarily to SMBs.
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