Waterdrop Inc. (NYSE:WDH) Short Interest Update

Waterdrop Inc. (NYSE:WDH) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 287,000 shares, an increase of 70.5% from the March 31st total of 168,300 shares. Based on an average trading volume of 314,200 shares, the short-interest ratio is currently 0.9 days. Approximately 0.1% of the company’s stock are sold short.

Waterdrop Stock Performance

Shares of NYSE WDH opened at $1.20 on Friday. Waterdrop has a 1 year low of $0.94 and a 1 year high of $2.96. The stock has a market cap of $469.19 million, a P/E ratio of 24.00 and a beta of -0.33. The firm has a 50-day moving average of $1.24 and a 200 day moving average of $1.13. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.96 and a quick ratio of 4.11.

Waterdrop (NYSE:WDH) last issued its quarterly earnings results on Tuesday, March 26th. The company reported $0.02 earnings per share (EPS) for the quarter. Waterdrop had a net margin of 6.40% and a return on equity of 3.57%. The company had revenue of $92.87 million during the quarter.

Waterdrop Announces Dividend

The firm also recently declared a — dividend, which will be paid on Friday, May 3rd. Investors of record on Friday, April 19th will be given a dividend of $0.032 per share. The ex-dividend date of this dividend is Thursday, April 18th.

Analysts Set New Price Targets

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

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.