Yuanbao Inc. – Sponsored ADR (NASDAQ:YB) Short Interest Update

Yuanbao Inc. – Sponsored ADR (NASDAQ:YB) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 49,400 shares, a decline of 53.0% from the January 15th total of 105,025 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 56,933 shares, the days-to-cover ratio is currently 0.9 days. Based on an average trading volume of 56,933 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Yuanbao

A number of institutional investors have recently bought and sold shares of YB. Franchise GP Ltd bought a new stake in Yuanbao in the fourth quarter valued at $1,351,000. JPMorgan Chase & Co. increased its position in Yuanbao by 53.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,226 shares of the company’s stock valued at $653,000 after buying an additional 11,607 shares in the last quarter. Susquehanna International Group LLP acquired a new position in Yuanbao during the 3rd quarter worth approximately $59,613,000. WFM ASIA BVI Ltd boosted its holdings in Yuanbao by 89.9% in the third quarter. WFM ASIA BVI Ltd now owns 182,500 shares of the company’s stock worth $3,584,000 after acquiring an additional 86,414 shares in the last quarter. Finally, Federated Hermes Inc. acquired a new stake in Yuanbao in the second quarter valued at approximately $370,000.

Wall Street Analyst Weigh In

YB has been the subject of several analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Yuanbao in a research note on Monday, December 29th. Wall Street Zen upgraded Yuanbao from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Yuanbao Stock Performance

Shares of NASDAQ:YB opened at $19.89 on Thursday. Yuanbao has a 52 week low of $14.04 and a 52 week high of $31.00. The firm has a market cap of $896.64 million and a PE ratio of 6.93. The firm’s fifty day moving average is $20.28 and its 200-day moving average is $22.15.

Yuanbao (NASDAQ:YB) last announced its earnings results on Wednesday, December 3rd. The company reported $1.08 earnings per share (EPS) for the quarter. The company had revenue of $162.64 million for the quarter.

Yuanbao Company Profile

Our mission is to protect health and well-being through technology. We are a leading technology-driven online insurance distributor in China. We take pride in pioneering the seamless integration of insurance with cutting-edge technologies, and have constructed a highly efficient full consumer service cycle engine. Through this engine, we successfully distribute suitable and high-quality insurance products to over ten million insurance consumers. According to Frost & Sullivan, we were the largest independent insurance distributor in China’s personal life and accident & health (A&H) insurance market in terms of first year premiums in 2023.