Waterdrop Inc. (NYSE:WDH) Short Interest Update

Waterdrop Inc. (NYSE:WDHGet Free Report) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 337,500 shares, a decline of 23.6% from the May 15th total of 441,700 shares. Based on an average trading volume of 426,900 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, TheStreet raised shares of Waterdrop from a “d+” rating to a “c-” rating in a research note on Thursday, March 14th.

Get Our Latest Stock Report on Waterdrop

Waterdrop Stock Down 9.9 %

NYSE:WDH traded down $0.13 on Friday, hitting $1.18. The stock had a trading volume of 750,147 shares, compared to its average volume of 337,421. The company has a quick ratio of 4.07, a current ratio of 4.07 and a debt-to-equity ratio of 0.01. Waterdrop has a 52 week low of $0.94 and a 52 week high of $2.58. The business’s fifty day moving average is $1.28 and its 200 day moving average is $1.18. The company has a market cap of $436.79 million, a PE ratio of 19.67 and a beta of -0.23.

Waterdrop (NYSE:WDHGet Free Report) last issued its earnings results on Tuesday, March 26th. The company reported $0.02 earnings per share for the quarter. Waterdrop had a return on equity of 4.21% and a net margin of 7.28%. The company had revenue of $92.87 million for the quarter.

Waterdrop Announces Dividend

The business also recently declared a — dividend, which was paid on Friday, May 3rd. Shareholders of record on Friday, April 19th were paid a dividend of $0.032 per share. The ex-dividend date was Thursday, April 18th.

Waterdrop Company Profile

(Get Free Report)

Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.

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