iHuman Inc. Sponsored ADR (NYSE:IH) Sees Large Drop in Short Interest

iHuman Inc. Sponsored ADR (NYSE:IH) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 4,205 shares, a decline of 46.6% from the April 15th total of 7,876 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 7,975 shares, the days-to-cover ratio is currently 0.5 days.

iHuman Price Performance

Shares of IH remained flat at $1.65 during mid-day trading on Friday. The stock had a trading volume of 4,128 shares, compared to its average volume of 8,377. The stock’s 50 day moving average is $1.75 and its 200-day moving average is $2.06. iHuman has a 12-month low of $1.55 and a 12-month high of $3.60. The stock has a market capitalization of $84.33 million, a P/E ratio of 6.60 and a beta of 0.16.

iHuman (NYSE:IH) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $0.04 EPS for the quarter. iHuman had a return on equity of 9.79% and a net margin of 11.80%.The firm had revenue of $27.25 million for the quarter.

iHuman Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 17th were given a $0.10 dividend. This represents a dividend yield of 573.0%. The ex-dividend date of this dividend was Friday, April 17th.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of iHuman in a research report on Friday, April 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Institutional Trading of iHuman

An institutional investor recently bought a new position in iHuman stock. Acadian Asset Management LLC purchased a new position in iHuman Inc. Sponsored ADR (NYSE:IH) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 15,067 shares of the company’s stock, valued at approximately $32,000. 4.92% of the stock is currently owned by hedge funds and other institutional investors.

iHuman Company Profile

iHuman Inc provides intellectual development products to individual users, kindergartens, and distributors in the People’s Republic of China. The company offers interactive and self-directed learning apps, including iHuman Chinese, iHuman ABC, iHuman Pinyin, iHuman Magic Thinking, iHuman Books, iHuman Stories, iHuman Reading, iHumanpedia, iHuman Kids Workout, iHuman Coding, iHuman Fun Idioms, iHuman Little Artists, iHuman Writing, iHuman Fantastic Friends, and iHuman Readers; bekids Coding, bekids Coloring, bekids Reading, bekids Puzzle, bekids Academy, and Gogo Town; and Aha World, an open-ended interactive app that nurtures a desire for discovery.