WW International, Inc. (NASDAQ:WW) Short Interest Up 21.0% in January

WW International, Inc. (NASDAQ:WW) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 935,279 shares, an increase of 21.0% from the December 31st total of 773,006 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily volume of 479,316 shares, the short-interest ratio is presently 2.0 days. Based on an average daily volume of 479,316 shares, the short-interest ratio is presently 2.0 days. Approximately 1.3% of the company’s shares are sold short.

WW International Stock Up 0.5%

Shares of WW stock opened at $20.35 on Tuesday. WW International has a 12-month low of $19.87 and a 12-month high of $46.95. The firm has a fifty day moving average of $26.53 and a 200-day moving average of $29.81. The company has a market capitalization of $203.24 million, a price-to-earnings ratio of -3.51 and a beta of 1.30.

WW International (NASDAQ:WW) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.44) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.30). The company had revenue of $172.09 million for the quarter, compared to analyst estimates of $161.38 million. On average, equities analysts expect that WW International will post -0.06 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Tudor Investment Corp ET AL acquired a new stake in WW International in the 3rd quarter valued at approximately $528,000. Ameriprise Financial Inc. acquired a new position in WW International during the 3rd quarter worth approximately $623,000. Cooper Creek Partners Management LLC bought a new position in shares of WW International during the 3rd quarter worth approximately $3,336,000. Claret Asset Management Corp acquired a new stake in shares of WW International in the third quarter valued at approximately $280,000. Finally, Mount Lucas Management LP acquired a new stake in shares of WW International in the third quarter valued at approximately $1,094,000. 86.18% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on WW. Weiss Ratings reissued a “sell (d+)” rating on shares of WW International in a report on Friday, January 9th. Wall Street Zen lowered WW International from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce”.

WW International Company Profile

WW International, Inc (NASDAQ: WW) is a global wellness and weight management company that provides a range of subscription-based programs, digital tools and personalized coaching services. Originally founded in 1963 by Jean Nidetch as a small support group in New York City, the company grew into the well-known Weight Watchers brand before rebranding as WW in 2018 to reflect an expanded focus on overall health, fitness and nutrition. Over the years, WW has introduced innovations such as the SmartPoints® system, which assigns values to foods based on their nutritional composition, and the MyWW® personalized wellness plan, which tailors recommendations to individual lifestyles and goals.

WW’s offerings span digital and in-person channels.