China Finance Online Co. Limite (NASDAQ:JRJC):
China Finance Online to Report First Quarter 2017 Financial Results on June 14, 2017.
The company is now down from yesterday’s close of $2.11.
China Finance Online Co. Limited, launched on November 2, 1998, is a Web-based financial services company in China. The Company provides Chinese retail investors with online access to securities and commodities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers. The Company operates through three segments: commodities brokerage services, online financial information and advisory service, and other related services in the People’s Republic of China (PRC), and Hong Kong brokerage services. The Company offers financial software, information services and securities investment advisory services to retail investors in China. Through its subsidiary, Shenzhen Genius Information Technology Co., Ltd., the Company provides financial database and analytics to institutional customers, including domestic financial, research, academic and regulatory institutions..
The stock last traded at $2.05 a tad under $2.22, the stock’s 50 day moving average and which is marginally lower than the 200 day moving average of $3.10. The 50 day moving average was down by -7.82% and the 200 day average moved down $-1.05.
Short traders are feeling a little more bearish on shares of China Finance Online Co. Limite looking at the change in short interest. The company saw a rise in short interest from May 15, 2017 to April 28, 2017 of 49.31%. Short interest increased from 84,608 to 126,328 over that timeframe. With short interest at 126,328 and short average daily volume at 98,587, the short-interest ratio is 1.3 and the percentage of shorted shares was 0.01% on April 28.