Short Interest in Huize Holding Limited (NASDAQ:HUIZ) Declines By 20.0%

Huize Holding Limited (NASDAQ:HUIZ) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 20,400 shares, a decrease of 20.0% from the February 28th total of 25,500 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 29,800 shares, the days-to-cover ratio is currently 0.7 days.

Huize Stock Performance

Shares of NASDAQ:HUIZ traded down $0.04 during midday trading on Wednesday, reaching $2.57. 5,186 shares of the company’s stock were exchanged, compared to its average volume of 36,493. The firm has a market capitalization of $25.56 million, a PE ratio of 28.56 and a beta of 0.48. The company’s 50 day simple moving average is $3.20 and its two-hundred day simple moving average is $9.85. Huize has a 12 month low of $2.15 and a 12 month high of $10.58.

Huize (NASDAQ:HUIZ) last announced its quarterly earnings results on Monday, March 24th. The company reported ($0.04) EPS for the quarter. Huize had a return on equity of 5.07% and a net margin of 1.75%. The business had revenue of $39.18 million for the quarter.

About Huize

Huize Holding Limited, together with its subsidiaries, offers online insurance product and service platform through various internet channels in the People's Republic of China. The company provides life and health insurance products, such as critical illness, illness and disease, annuity, and term and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products.