Zepp Health Co. (NYSE:ZEPP) Sees Large Growth in Short Interest

Zepp Health Co. (NYSE:ZEPP) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 36,300 shares, an increase of 24.7% from the July 31st total of 29,100 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 84,800 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a $5.19 price target on Zepp Health and gave the stock a “buy” rating in a research note on Tuesday, May 28th.

Zepp Health Trading Up 1.4 %

Shares of ZEPP opened at $0.75 on Friday. The firm has a fifty day simple moving average of $0.64 and a two-hundred day simple moving average of $0.84. Zepp Health has a twelve month low of $0.52 and a twelve month high of $2.10. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.39 and a quick ratio of 1.02.

Zepp Health (NYSE:ZEPP) last announced its earnings results on Wednesday, August 21st. The company reported ($0.17) earnings per share for the quarter. Zepp Health had a negative net margin of 10.60% and a negative return on equity of 7.72%. The company had revenue of $40.64 million for the quarter.

About Zepp Health

Zepp Health Corporation operates as a smart wearable and health technology company worldwide. The company operates in two segments: Self-Branded Products and Others, and Xiaomi Wearable Products. It empowers users to live lives by optimizing health, fitness, and wellness journeys through its consumer brands, Amazfit, Zepp Clarity, and Zepp Aura.