Short Interest in Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) Expands By 130.3%

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 105,828 shares, an increase of 130.3% from the July 30th total of 45,957 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average daily volume of 2,958,495 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Huize from a “sell (d-)” rating to a “sell (d+)” rating in a report on Wednesday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Huize Stock Performance

HUIZ stock traded down $0.04 on Friday, hitting $1.67. The company’s stock had a trading volume of 158,140 shares, compared to its average volume of 5,855,140. Huize has a 1 year low of $1.04 and a 1 year high of $4.53. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.02. The stock has a market cap of $16.85 million, a price-to-earnings ratio of 55.67 and a beta of 0.91. The firm has a 50 day moving average of $1.30 and a two-hundred day moving average of $1.53.

Huize (NASDAQ:HUIZ) last posted its quarterly earnings data on Saturday, August 15th. The company reported $0.14 EPS for the quarter. The business had revenue of $52.98 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Huize stock. SmartHarvest Portfolios LLC purchased a new position in shares of Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 11,993 shares of the company’s stock, valued at approximately $34,000. SmartHarvest Portfolios LLC owned 0.12% of Huize at the end of the most recent reporting period.

Huize Company Profile

Huize Holding Limited operates as a technology-driven online insurance distribution platform in China, offering a wide spectrum of personal insurance products including life, health, accident, property and casualty, and travel policies. Through its proprietary technology infrastructure, the company aggregates product information from insurance carriers, provides comparative quotes, and facilitates policy purchase and after-sales service. Huize’s platform integrates data analytics, automated underwriting tools and user-friendly interfaces to streamline insurance selection and enrollment processes for individual customers and small-to-medium enterprises.

Founded in 2012 and headquartered in Beijing, Huize serves clients across mainland China via a multi-channel distribution model.