Zepp Health Co. (NYSE:ZEPP – Get Free Report) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 2,700 shares, a decline of 20.6% from the February 13th total of 3,400 shares. Based on an average daily trading volume, of 16,500 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.
Hedge Funds Weigh In On Zepp Health
A hedge fund recently bought a new stake in Zepp Health stock. Virtu Financial LLC purchased a new stake in Zepp Health Co. (NYSE:ZEPP – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 13,056 shares of the company’s stock, valued at approximately $57,000. Virtu Financial LLC owned approximately 0.09% of Zepp Health as of its most recent filing with the SEC. 52.61% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, Fundamental Research set a $14.65 target price on Zepp Health and gave the company a “buy” rating in a report on Tuesday, November 26th.
Zepp Health Stock Up 13.0 %
Shares of ZEPP traded up $0.42 during trading hours on Tuesday, reaching $3.61. The company’s stock had a trading volume of 94,105 shares, compared to its average volume of 19,714. The firm has a market cap of $54.26 million, a price-to-earnings ratio of -1.44 and a beta of 0.75. Zepp Health has a 1-year low of $2.06 and a 1-year high of $4.88. The company has a quick ratio of 0.87, a current ratio of 1.21 and a debt-to-equity ratio of 0.13. The company has a 50 day moving average of $2.91 and a two-hundred day moving average of $3.09.
About Zepp Health
Zepp Health Corporation operates as a smart wearable and health technology company worldwide. The company operates in two segments: Self-Branded Products and Others, and Xiaomi Wearable Products. It empowers users to live lives by optimizing health, fitness, and wellness journeys through its consumer brands, Amazfit, Zepp Clarity, and Zepp Aura.
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