Does Noah Holdings Limited (NYSE:NOAH) Have Gas After Even Less Sellers Involved?

July 18, 2017 - By reb123z

 Does Noah Holdings Limited (NYSE:NOAH) Have Gas After Even Less Sellers Involved?

The stock of Noah Holdings Limited (NYSE:NOAH) registered a decrease of 2.1% in short interest. NOAH’s total short interest was 3.58M shares in July as published by FINRA. Its down 2.1% from 3.66 million shares, reported previously. With 182,300 shares average volume, it will take short sellers 20 days to cover their NOAH’s short positions. The short interest to Noah Holdings Limited’s float is 15.07%.

The stock decreased 2.42% or $0.78 on July 17, reaching $31.4. About shares traded. Noah Holdings Limited (ADR) (NYSE:NOAH) has risen 17.05% since July 18, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.

Noah Holdings Limited is a wealth management service well-known provider with a focus on global wealth investment and asset allocation services for high net worth individuals and enterprises in China. The company has market cap of $1.73 billion. The Firm operates through three divisions: wealth management, asset management and Internet finance. It has a 20.21 P/E ratio. It also provides Internet finance services to clients in China.

Another recent and important Noah Holdings Limited (ADR) (NYSE:NOAH) news was published by Quotes.Wsj.com which published an article titled: “Noah Holdings Ltd. ADR” on February 11, 2011.

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