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

Zepp Health Co. (NYSE:ZEPP) was the target of a large drop in short interest in January. As of January 31st, there was short interest totalling 4,300 shares, a drop of 75.8% from the January 15th total of 17,800 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 15,600 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Zepp Health

A hedge fund recently bought a new stake in Zepp Health stock. Mandatum Life Insurance Co Ltd acquired a new stake in Zepp Health Co. (NYSE:ZEPP) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 10,750 shares of the company’s stock, valued at approximately $28,000. Mandatum Life Insurance Co Ltd owned approximately 0.07% of Zepp Health as of its most recent filing with the SEC. Hedge funds and other institutional investors own 52.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a $14.65 target price on shares of Zepp Health and gave the company a “buy” rating in a research note on Tuesday, November 26th.

Zepp Health Stock Performance

Zepp Health stock traded up $0.11 during mid-day trading on Wednesday, reaching $3.01. The company’s stock had a trading volume of 23,282 shares, compared to its average volume of 16,546. The company has a market capitalization of $45.31 million, a P/E ratio of -1.20 and a beta of 0.68. Zepp Health has a 12-month low of $2.06 and a 12-month high of $5.56. The firm’s fifty day moving average price is $2.90 and its two-hundred day moving average price is $3.04. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.87 and a current ratio of 1.21.

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.