Jefferies Financial Group Inc (NYSE:JEF) Has Decline in Shorts

The stock of Jefferies Financial Group Inc (NYSE:JEF) registered a decrease of 7.33% in short interest. JEF’s total short interest was 7.38 million shares in September as published by FINRA. Its down 7.33% from 7.97 million shares, reported previously. With 1.73M shares average volume, it will take short sellers 4 days to cover their JEF’s short positions. The short interest to Jefferies Financial Group Inc’s float is 2.89%.

The stock decreased 0.20% or $0.04 during the last trading session, reaching $20.33. About 1.74 million shares traded or 8.36% up from the average. Jefferies Financial Group Inc. (NYSE:JEF) has declined 13.47% since September 13, 2018 and is downtrending. It has underperformed by 13.47% the S&P500.

Jefferies Financial Group Inc., a financial services company, offers a range of services and products in investment banking, equities, fixed income, and wealth management in the Americas, Europe, and Asia. The company has market cap of $6.22 billion. It engages in the debt capital market, equity capital market, merger and acquisition, private capital advisory, and restructuring and recapitalization businesses. It has a 6.44 P/E ratio. The firm also offers cash equities; electronic trading solutions, such as global algorithmic and portfolio trading solutions; equity derivatives, such as U.S. equity options, U.S. exchange-traded funds, and Europe equity derivatives, as well as trades in a range of convertible securities from large investment-grade issues to small private transactions; access to investors and logistics; and prime services.

More notable recent Jefferies Financial Group Inc. (NYSE:JEF) news were published by: Seekingalpha.com which released: “Jefferies Financial strikes deal to buy rest of HomeFed – Seeking Alpha” on April 15, 2019, also Businesswire.com with their article: “Jefferies Financial Group Inc. Closes Its Purchase of Remaining 30% Interest in HomeFed Corporation – Business Wire” published on July 01, 2019, Seekingalpha.com published: “Jefferies Financial Group Is Deeply Undervalued – Seeking Alpha” on April 23, 2019. More interesting news about Jefferies Financial Group Inc. (NYSE:JEF) were released by: Fool.com and their article: “Jefferies Feels the Pinch of Tough Markets – Motley Fool” published on January 23, 2019 as well as Seekingalpha.com‘s news article titled: “Jefferies Financial Group Continues To Trade Well Below Its Real Value – Seeking Alpha” with publication date: July 11, 2019.

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