Is Buying Jupai Holdings Limited American Depositary Shares (NYSE:JP), Having Lower Short Interest a Winning Strategy?

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: Benzinga.com which released: “JPMorgan CEO Jamie Dimon: Potential For Zero Rates ‘Obviously’ A Concern – Benzinga” on September 11, 2019, also Fool.ca with their article: “Investors: This Small Cap Technology Stock Has Gained 34% This Week – The Motley Fool Canada” published on September 13, 2019, Juniorminingnetwork.com published: “Recommended Share Offer for Acacia Mining plc by Barrick Gold Corporation – Junior Mining Network” on September 13, 2019. More interesting news about Jupai Holdings Limited (NYSE:JP) were released by: Cnbc.com and their article: “Dow notches 8-day winning streak, nears record on growing optimism around US-China trade – CNBC” published on September 13, 2019 as well as Cnbc.com‘s news article titled: “5 things to know before the stock market opens Tuesday – CNBC” with publication date: August 20, 2019.

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