HUYA Inc. (NYSE:HUYA) Short Interest Update

HUYA Inc. (NYSE:HUYA) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 1,670,000 shares, a decline of 15.2% from the January 31st total of 1,970,000 shares. Currently, 2.2% of the shares of the stock are sold short. Based on an average daily volume of 1,220,000 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Trading of HUYA

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Two Sigma Securities LLC acquired a new position in HUYA in the fourth quarter valued at about $43,000. Seldon Capital LP purchased a new stake in HUYA in the third quarter valued at approximately $51,000. Smith Anglin Financial LLC boosted its position in shares of HUYA by 27.9% during the fourth quarter. Smith Anglin Financial LLC now owns 18,367 shares of the company’s stock worth $56,000 after buying an additional 4,002 shares during the period. Central Asset Investments & Management Holdings HK Ltd purchased a new stake in shares of HUYA in the 3rd quarter valued at $61,000. Finally, XTX Topco Ltd acquired a new position in HUYA during the 3rd quarter worth about $90,000. 23.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Citigroup lowered their target price on shares of HUYA from $5.90 to $5.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $5.68.

HUYA Trading Down 1.1 %

HUYA stock traded down $0.05 during mid-day trading on Friday, hitting $4.07. The company’s stock had a trading volume of 981,214 shares, compared to its average volume of 1,319,254. HUYA has a 1 year low of $2.82 and a 1 year high of $6.84. The firm has a market capitalization of $920.20 million, a PE ratio of -45.17 and a beta of 0.72. The stock’s fifty day moving average is $3.49 and its two-hundred day moving average is $3.69.

HUYA Company Profile

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.