Time to Reconsider Fanhua Ads (NASDAQ:FANH) After More Short Sellers?

January 19, 2018 - By Linda Rogers

 Time to Reconsider Fanhua Ads (NASDAQ:FANH) After More Short Sellers?

The stock of Fanhua Ads (NASDAQ:FANH) registered an increase of 91.4% in short interest. FANH’s total short interest was 442,900 shares in January as published by FINRA. Its up 91.4% from 231,400 shares, reported previously. With 507,300 shares average volume, it will take short sellers 1 days to cover their FANH’s short positions. The short interest to Fanhua Ads’s float is 1.32%.

The stock increased 9.40% or $2.48 during the last trading session, reaching $28.85. About 364,152 shares traded or 21.65% up from the average. Fanhua Inc. (NASDAQ:FANH) has risen 24.93% since January 19, 2017 and is uptrending. It has outperformed by 8.23% the S&P500.

Fanhua Inc. distributes insurance products in China. The company has market cap of $1.78 billion. It operates through three divisions: Insurance Agency, Insurance Brokerage; and Claims Adjusting. It has a 28.99 P/E ratio. The Insurance Agency segment provides property and casualty insurance products, including automobile, individual accident, travel, disability income, commercial property, construction, and other property and casualty products; and life insurance products that consist of individual whole life, individual term life, individual endowment life, and individual education annuity, as well as group life and participating insurance products.

More notable recent Fanhua Inc. (NASDAQ:FANH) news were published by: Reuters.com which released: “Fanhua announces spin-off of its P&C insurance subsidiaries” on October 27, 2017, also Quotes.Wsj.com with their article: “eHealth Inc.” published on February 11, 2011, Marketwatch.com published: “Fosun International Ltd.” on July 21, 2011. More interesting news about Fanhua Inc. (NASDAQ:FANH) were released by: Nasdaq.com and their article: “Asian ADRs Move Higher in Monday Trading” published on December 11, 2017 as well as Reuters.com‘s news article titled: “Fanhua qtrly ‍diluted net income per ADS RMB 1.77​” with publication date: November 20, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: