XChange TEC.INC (NASDAQ:XHG) Short Interest Down 40.4% in February

XChange TEC.INC (NASDAQ:XHG) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 930,200 shares, a decline of 40.4% from the February 13th total of 1,560,000 shares. Based on an average daily trading volume, of 4,490,000 shares, the short-interest ratio is presently 0.2 days. Approximately 4.7% of the shares of the stock are short sold.

XChange TEC.INC Price Performance

Shares of XChange TEC.INC stock opened at $0.85 on Friday. The business has a 50 day simple moving average of $0.90 and a two-hundred day simple moving average of $3.93. XChange TEC.INC has a 12 month low of $0.56 and a 12 month high of $60.00.

About XChange TEC.INC

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.