Yintech Investment Holdings Lim (NASDAQ:YIN) Signals Intraday Volatility – Down by 9.93%

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Yintech Investment Holdings Lim (NASDAQ:YIN) is at $13.06 seeing a daily low of $13.01 and a high of $14.76. The change makes the stock one of the most volatile of the day.

The stock is among the market’s biggest losers. Shares of the company are trading at $13.06 a great deal higher than the 50 day moving average which is $11.06 and much higher than the 200 day moving average of $11.77. The 50 day moving average went up $2.00 or +18.06% whereas the 200 day average was up by +10.98%.

Short Interest

Traders are feeling more bullish on shares of the company of late if you watch the motion in short interest. The company saw a fall in short interest of -2.21% as of the latest report on September 29, 2017. Short interest decreased from 919,902 to 899,594 over that period. Days to cover decreased from 40.0 to 17.0 and the percentage of shorted shares was 0.01% on September 29.

Earnings Per Share

Yintech Investment Holdings Lim’s P/E ratio is 5.77 and market capitalization is 915.81M.