Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) Short Interest Up 130.3% in August

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZGet Free Report) saw a large increase in short interest in 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. Based on an average daily trading volume, of 2,958,495 shares, the short-interest ratio is currently 0.0 days. Currently, 1.5% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

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

View Our Latest Analysis on HUIZ

Institutional Investors Weigh In On Huize

An institutional investor recently bought a new position in Huize stock. SmartHarvest Portfolios LLC bought a new stake in Huize Holding Limited Sponsored ADR (NASDAQ:HUIZFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,993 shares of the company’s stock, valued at approximately $34,000. SmartHarvest Portfolios LLC owned approximately 0.12% of Huize as of its most recent SEC filing.

Huize Price Performance

Shares of Huize stock traded down $0.04 during trading hours on Friday, reaching $1.67. 158,140 shares of the company’s stock were exchanged, compared to its average volume of 5,855,140. The business has a fifty day moving average of $1.30 and a two-hundred day moving average of $1.53. The company has a market capitalization of $16.85 million, a P/E ratio of 55.67 and a beta of 0.91. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.02. Huize has a 1 year low of $1.04 and a 1 year high of $4.53.

Huize (NASDAQ:HUIZGet Free Report) last posted 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 during the quarter.

Huize Company Profile

(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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