Short Interest in Zepp Health Co. (NYSE:ZEPP) Decreases By 18.6%

Posted by Don Miller on Dec 30th, 2024

Zepp Health Co. (NYSE:ZEPP – Get Free Report) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 23,700 shares, a decline of 18.6% from the November 30th total of 29,100 shares. Based on an average daily trading volume, of 18,900 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.3% of the shares of the company are short sold.

Zepp Health Stock Performance

Shares of NYSE ZEPP traded down $0.08 during midday trading on Monday, hitting $2.70. 80,488 shares of the stock traded hands, compared to its average volume of 18,921. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.87 and a current ratio of 1.21. Zepp Health has a one year low of $2.06 and a one year high of $8.40. The firm has a market capitalization of $40.64 million, a P/E ratio of -1.08 and a beta of 0.64. The firm has a 50-day moving average of $3.04 and a two-hundred day moving average of $2.95.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Zepp Health stock. Virtu Financial LLC acquired a new position in Zepp Health Co. (NYSE:ZEPP – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 13,056 shares of the company’s stock, valued at approximately $57,000. Virtu Financial LLC owned about 0.09% of Zepp Health at the end of the most recent quarter. Hedge funds and other institutional investors own 52.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a $14.65 price target on shares of Zepp Health and gave the company a “buy” rating in a report on Tuesday, November 26th.

Check Out Our Latest Research Report on ZEPP

About Zepp Health

(Get Free Report)

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.