Yintech Investment Holdings Limited – American Dep (NASDAQ:YIN) Shorts Reduced By 3.17%

June 29, 2018 - By Mark Williams

Yintech Investment Holdings Limited – American Dep (NASDAQ:YIN) recorded a decrease of 3.17% in shorted shares. FINRA issued in June YIN’s total 210,700 shorted shares. That’s 3.17% down from 217,600 shares. 5 days will cost YIN with 45,100 average volume to restore its former position. 1.14% is Yintech Investment Holdings Limited – American Dep float short.

The stock increased 3.21% or $0.26 during the last trading session, reaching $8.35.Yintech Investment Holdings Limited has volume of 13,584 shares. Since June 29, 2017 YIN has declined 2.19% and is downtrending. YIN underperformed by 14.76% the S&P 500.

Yintech Investment Holdings Limited, together with its subsidiaries, provides trading and investment services for online spot commodity trading.The firm is valued at $589.10 million. The firm facilitates the trading by individual clients of gold, silver, and other precious metals and commodities on three exchanges, Shanghai Gold Exchange, Tianjin Precious Metals Exchange, and Guangdong Precious Metals Exchange in China.The P/E ratio is 7.98. It provides services, including account opening, investor education, market information, research, live discussion boards, and real-time customer support.

There’s an important Yintech Investment Holdings Limited (NASDAQ:YIN) news announced by Globenewswire.com. It’s a report titled: “New Research Coverage Highlights Constellation Brands, Yintech Investment, EZCORP, Euronet Worldwide, Fidelity …” on May 31, 2018.

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