9F Inc. (NYSE:JFU) shares traded up 9.3% on Thursday . The stock traded as high as $1.00 and last traded at $0.99. 1,988,285 shares were traded during trading, an increase of 277% from the average session volume of 526,763 shares. The stock had previously closed at $0.91.
The firm’s 50-day moving average is $1.35 and its two-hundred day moving average is $4.70.
A hedge fund recently bought a new stake in 9F stock. State Street Corp acquired a new stake in shares of 9F Inc. (NYSE:JFU) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 29,975 shares of the company’s stock, valued at approximately $283,000.
9F Inc operates an online consumer finance platform that integrates and personalizes financial services in the People's Republic of China. It offers digital financial accounts; revolving and non-revolving loan products to borrowers, as well as traffic referral services to institutional funding partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance, and mutual funds to investors in various platforms, including Wukong Licai, 9F Wallet, and 9F Puhui.
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