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

iHuman Inc. Sponsored ADR (NYSE:IH) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 2,311 shares, a growth of 109.9% from the September 15th total of 1,101 shares. Based on an average daily trading volume, of 6,942 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

iHuman Trading Up 2.6%

Shares of NYSE IH traded up $0.03 during midday trading on Tuesday, reaching $1.18. The company’s stock had a trading volume of 2,731 shares, compared to its average volume of 10,751. iHuman has a one year low of $1.10 and a one year high of $3.01. The company has a market cap of $60.07 million, a price-to-earnings ratio of 19.59 and a beta of 0.04. The company has a 50 day moving average price of $1.22 and a 200 day moving average price of $1.44.

iHuman (NYSE:IH) last issued its earnings results on Tuesday, September 29th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.07). The business had revenue of $25.52 million for the quarter, compared to the consensus estimate of $33.94 million. iHuman had a return on equity of 2.44% and a net margin of 3.06%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of iHuman in a report on Friday, October 2nd. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, iHuman currently has an average rating of “Sell”.

iHuman Company Profile

iHuman Inc (NYSE: IH) is a China-based education technology company that develops digital learning products for children and families. Its offerings are designed to support early childhood development and foundational learning through interactive content, mobile applications and other online services.

The company’s product portfolio includes applications and programs focused on Chinese-language learning, English, mathematics, storytelling, coding and music. Its services generally combine animated lessons, games, practice activities and age-appropriate educational content intended to make learning more engaging for young users.

iHuman was established in 2016 and is headquartered in China.