Is Jupai Holdings Limited American Depositary Shares (NYSE:JP)’s Fuel Running High? Reports Show Less Sellers

The stock of Jupai Holdings Limited American Depositary Shares (NYSE:JP) registered a decrease of 12.16% in short interest. JP’s total short interest was 293,300 shares in September as published by FINRA. Its down 12.16% from 333,900 shares, reported previously. With 111,000 shares average volume, it will take short sellers 3 days to cover their JP’s short positions.

The stock increased 1.75% or $0.04 during the last trading session, reaching $2.32. About 67,827 shares traded. Jupai Holdings Limited (NYSE:JP) has declined 88.48% since September 13, 2018 and is downtrending. It has underperformed by 88.48% the S&P500.

Jupai Holdings Limited provides wealth management services in China. The company has market cap of $82.66 million.

More notable recent Jupai Holdings Limited (NYSE:JP) news were published by: Fool.com which released: “Better Buy: Bank of America vs. JPMorgan Chase – The Motley Fool” on August 23, 2019, also Seekingalpha.com with their article: “Jupai Holdings: Attractive Risk/Reward – Seeking Alpha” published on April 24, 2019, Benzinga.com published: “Bank Of America Cuts Square Target Due To Questions About 2020 Guidance – Benzinga” on September 11, 2019. More interesting news about Jupai Holdings Limited (NYSE:JP) were released by: Finance.Yahoo.com and their article: “The 7 Stocks Hedge Funds Are Buying Big – Yahoo Finance” published on September 11, 2019 as well as Seekingalpha.com‘s news article titled: “Atlanticus Holdings leads financial gainers, with no losers – Seeking Alpha” with publication date: August 20, 2019.

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