Zepp Health Co. (NYSE:ZEPP) Short Interest Update

Zepp Health Co. (NYSE:ZEPP) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 4,900 shares, a decline of 41.7% from the March 15th total of 8,400 shares. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Zepp Health

A hedge fund recently bought a new stake in Zepp Health stock. Virtu Financial LLC acquired a new position in shares of Zepp Health Co. (NYSE:ZEPP) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 13,056 shares of the company’s stock, valued at approximately $57,000. Virtu Financial LLC owned approximately 0.09% of Zepp Health at the end of the most recent quarter. 52.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Fundamental Research set a $13.87 price objective on shares of Zepp Health and gave the company a “buy” rating in a research note on Tuesday.

Zepp Health Price Performance

Shares of NYSE ZEPP traded down $0.01 during mid-day trading on Thursday, reaching $2.55. The company had a trading volume of 1,331 shares, compared to its average volume of 21,589. The company has a 50-day moving average price of $2.87 and a two-hundred day moving average price of $3.02. The stock has a market cap of $38.38 million, a PE ratio of -1.02 and a beta of 0.71. The company has a current ratio of 1.21, a quick ratio of 0.87 and a debt-to-equity ratio of 0.13. Zepp Health has a 1-year low of $2.06 and a 1-year high of $4.38.

Zepp Health Company Profile

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.