Waterdrop Inc. (NYSE:WDH) Short Interest Update

Waterdrop Inc. (NYSE:WDH) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 132,600 shares, a decrease of 16.4% from the February 13th total of 158,600 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 226,800 shares, the short-interest ratio is presently 0.6 days.

Waterdrop Trading Down 5.6 %

Shares of Waterdrop stock traded down $0.08 on Tuesday, reaching $1.38. 217,411 shares of the company were exchanged, compared to its average volume of 272,068. The company has a market capitalization of $510.08 million, a price-to-earnings ratio of 11.50 and a beta of -0.26. Waterdrop has a one year low of $0.97 and a one year high of $1.57. The company has a 50-day moving average of $1.25 and a 200 day moving average of $1.18.

Waterdrop Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 11th will be paid a $0.02 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a $0.08 annualized dividend and a yield of 5.81%. Waterdrop’s dividend payout ratio (DPR) is currently 7.14%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in WDH. Catalina Capital Group LLC acquired a new position in shares of Waterdrop in the fourth quarter valued at $27,000. Jane Street Group LLC bought a new stake in shares of Waterdrop during the 4th quarter worth about $78,000. Baader Bank Aktiengesellschaft grew its stake in Waterdrop by 1,198.2% in the 4th quarter. Baader Bank Aktiengesellschaft now owns 1,291,585 shares of the company’s stock valued at $1,524,000 after buying an additional 1,192,092 shares during the last quarter. Finally, IDG China Capital Fund III Associates L.P. bought a new position in Waterdrop in the 4th quarter valued at about $6,760,000. 1.96% of the stock is owned by institutional investors and hedge funds.

Waterdrop Company Profile

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.