Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) Short Interest Up 74.4% in June

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 57,090 shares, a growth of 74.4% from the June 15th total of 32,736 shares. Based on an average daily volume of 18,941 shares, the days-to-cover ratio is currently 3.0 days. Approximately 0.8% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Huize from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Huize has a consensus rating of “Sell”.

Huize Stock Performance

HUIZ opened at $1.27 on Friday. The business’s 50-day simple moving average is $1.37 and its 200 day simple moving average is $1.73. Huize has a 52-week low of $1.04 and a 52-week high of $4.53. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.44 and a current ratio of 1.44. The firm has a market capitalization of $12.81 million, a PE ratio of 42.33 and a beta of 0.88.

Institutional Investors Weigh In On Huize

An institutional investor recently bought a new stake in Huize stock. SmartHarvest Portfolios LLC bought a new stake in Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) in the 4th quarter, according to its most recent Form 13F 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.

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.