Wins Finance Holdings Inc (NASDAQ:WINS) Sees Significant Drop in Short Interest

Wins Finance Holdings Inc (NASDAQ:WINS) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totalling 200 shares, a drop of 50.0% from the February 27th total of 400 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,100 shares, the short-interest ratio is presently 0.2 days.

Separately, ValuEngine downgraded shares of Wins Finance from a “buy” rating to a “hold” rating in a research report on Friday, March 20th.

A hedge fund recently raised its stake in Wins Finance stock. Renaissance Technologies LLC lifted its holdings in shares of Wins Finance Holdings Inc (NASDAQ:WINS) by 63.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,300 shares of the company’s stock after purchasing an additional 6,300 shares during the quarter. Renaissance Technologies LLC owned 0.08% of Wins Finance worth $171,000 as of its most recent SEC filing. Institutional investors own 0.09% of the company’s stock.

Shares of WINS stock opened at $10.03 on Friday. The firm has a 50 day moving average price of $10.75 and a two-hundred day moving average price of $11.38. Wins Finance has a 12-month low of $7.26 and a 12-month high of $32.00.

About Wins Finance

Wins Finance Holdings Inc, through its subsidiaries, provides financing solutions for small and medium enterprises in the People's Republic of China. It offers financial guarantees, as well as financial leasing, advisory, consultancy, and agency services in Jinzhong City, Shanxi Province, and Beijing.

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