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

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) was the target of a large 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. Based on an average daily trading volume, of 7,692,317 shares, the short-interest ratio is presently 0.1 days. Approximately 9.3% of the shares of the company are short sold.

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 equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Huize Stock Performance

Shares of HUIZ opened at $1.59 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.44 and a quick ratio of 1.44. The stock has a market capitalization of $16.04 million, a P/E ratio of 53.00 and a beta of 1.00. Huize has a 12-month low of $1.04 and a 12-month high of $4.53. The firm’s 50 day moving average is $1.36 and its 200-day moving average is $1.50.

Huize (NASDAQ:HUIZ) last announced its quarterly earnings data on Saturday, August 15th. The company reported $0.14 EPS for the quarter. The company had revenue of $52.98 million for the quarter.

Hedge Funds Weigh In On Huize

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

Huize Company Profile

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.