iHuman Inc. Sponsored ADR (NYSE:IH) Stock Short Interest Declines 73.2%

iHuman Inc. Sponsored ADR (NYSE:IH) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 619 shares, a decline of 73.2% from the September 30th total of 2,311 shares. Based on an average daily trading volume, of 2,602 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of iHuman in a research report on Friday, October 2nd. One analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has an average rating of “Sell”.

iHuman Trading Down 1.7%

Shares of IH stock traded down $0.02 on Wednesday, reaching $1.16. The company’s stock had a trading volume of 812 shares, compared to its average volume of 2,522. iHuman has a 1 year low of $1.10 and a 1 year high of $2.99. The stock’s fifty day simple moving average is $1.19 and its 200-day simple moving average is $1.53. The company has a market capitalization of $59.30 million, a price-to-earnings ratio of 19.34 and a beta of 0.04.

iHuman (NYSE:IH) last released its quarterly earnings results on Tuesday, September 29th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.07). iHuman had a return on equity of 2.44% and a net margin of 3.06%. The company had revenue of $25.52 million during the quarter, compared to analysts’ expectations of $33.94 million.

About iHuman

iHuman Inc (NYSE: IH) is a children’s education technology company that develops digital learning products and educational content. The company focuses on helping young learners build foundational skills through interactive, multimedia-based lessons and activities.

Its product portfolio includes mobile applications and related educational offerings covering subjects such as Chinese language, English, mathematics, reading and general early-childhood learning. iHuman’s products are designed to combine animated content, games, songs and other interactive features to support learning both at home and in other educational settings.

Founded in China, iHuman primarily serves children and families in the Chinese market while also offering selected products to users in international markets.