Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) Short Interest Down 76.6% in January

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 11,084 shares, a drop of 76.6% from the December 31st total of 47,354 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 24,823 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 24,823 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Huize in a research note on Thursday, January 22nd. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Huize currently has an average rating of “Reduce” and an average price target of $2.30.

Huize Price Performance

HUIZ stock remained flat at $2.23 during trading on Thursday. The company had a trading volume of 4,235 shares, compared to its average volume of 15,365. The business’s fifty day moving average price is $2.93 and its 200-day moving average price is $3.01. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.48 and a quick ratio of 1.48. The stock has a market cap of $22.50 million, a PE ratio of 74.33 and a beta of 0.46. Huize has a 12 month low of $1.50 and a 12 month high of $4.53.

About Huize

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.