Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) Short Interest Update

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 58,032 shares, a drop of 37.0% from the May 14th total of 92,066 shares. Based on an average daily trading volume, of 9,669 shares, the days-to-cover ratio is currently 6.0 days. Approximately 0.8% of the shares of the company are short sold.

Hedge Funds Weigh In On Huize

A hedge fund recently bought a new stake in Huize stock. SmartHarvest Portfolios LLC bought a new position in shares of Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 11,993 shares of the company’s stock, valued at approximately $34,000. SmartHarvest Portfolios LLC owned approximately 0.12% of Huize at the end of the most recent quarter.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Huize from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 4th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Huize has an average rating of “Sell”.

Huize Stock Performance

Shares of NASDAQ HUIZ opened at $1.38 on Monday. Huize has a 1 year low of $1.19 and a 1 year high of $4.53. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.44 and a quick ratio of 1.44. The stock has a market cap of $13.92 million, a PE ratio of 46.00 and a beta of 0.85. The firm has a fifty day moving average price of $1.57 and a 200-day moving average price of $2.10.

Huize Company Profile

Huize Holding Limited operates as a technology-driven online insurance distribution platform in China, offering a wide spectrum of personal insurance products including life, health, accident, property and casualty, and travel policies. Through its proprietary technology infrastructure, the company aggregates product information from insurance carriers, provides comparative quotes, and facilitates policy purchase and after-sales service. Huize’s platform integrates data analytics, automated underwriting tools and user-friendly interfaces to streamline insurance selection and enrollment processes for individual customers and small-to-medium enterprises.

Founded in 2012 and headquartered in Beijing, Huize serves clients across mainland China via a multi-channel distribution model.