Uxin Limited (NASDAQ:UXIN) Short Interest Down 39.9% in October

Uxin Limited (NASDAQ:UXIN) saw a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 385,200 shares, a decline of 39.9% from the October 15th total of 641,400 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,850,000 shares, the days-to-cover ratio is presently 0.2 days.

Uxin Stock Performance

NASDAQ UXIN traded down $0.02 during midday trading on Friday, hitting $4.42. The company had a trading volume of 58,193 shares, compared to its average volume of 590,681. The firm has a fifty day simple moving average of $4.11 and a two-hundred day simple moving average of $2.76. Uxin has a fifty-two week low of $1.41 and a fifty-two week high of $12.10.

Uxin (NASDAQ:UXIN) last announced its quarterly earnings data on Monday, September 23rd. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $55.21 million during the quarter. Uxin had a negative net margin of 40.91% and a negative return on equity of 173.92%.

About Uxin

Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services.