Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) Short Interest Update

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZGet Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 654,597 shares, an increase of 518.5% from the August 15th total of 105,828 shares. Approximately 9.3% of the company’s shares are short sold. Based on an average daily trading volume, of 7,692,317 shares, the short-interest ratio is currently 0.1 days.

Huize Stock Performance

Shares of HUIZ stock opened at $1.59 on Friday. 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 company has a market cap of $16.04 million, a PE ratio of 53.00 and a beta of 1.00. The company’s fifty day simple moving average is $1.36 and its 200-day simple moving average is $1.50. Huize has a 52 week low of $1.04 and a 52 week high of $4.53.

Huize (NASDAQ:HUIZGet Free Report) last announced its quarterly earnings results on Saturday, August 15th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $52.98 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Huize from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 26th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Huize has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on HUIZ

Hedge Funds Weigh In On Huize

A hedge fund recently bought a new position in Huize stock. SmartHarvest Portfolios LLC acquired a new stake in shares of Huize Holding Limited Sponsored ADR (NASDAQ:HUIZFree Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,993 shares of the company’s stock, valued at approximately $34,000. SmartHarvest Portfolios LLC owned about 0.12% of Huize at the end of the most recent reporting period.

About Huize

(Get Free Report)

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.

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