Short Interest in Zhihu Inc. Sponsored ADR (NYSE:ZH) Grows By 16.6%

Zhihu Inc. Sponsored ADR (NYSE:ZH) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 940,021 shares, an increase of 16.6% from the February 12th total of 806,006 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average daily volume of 251,320 shares, the days-to-cover ratio is presently 3.7 days. Based on an average daily volume of 251,320 shares, the days-to-cover ratio is presently 3.7 days. Currently, 1.2% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on ZH shares. Weiss Ratings restated a “sell (d)” rating on shares of Zhihu in a report on Monday, December 29th. Wall Street Zen upgraded Zhihu from a “sell” rating to a “hold” rating in a report on Sunday, December 28th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Zhihu Trading Down 0.8%

Zhihu stock opened at $3.14 on Tuesday. Zhihu has a 1-year low of $3.05 and a 1-year high of $5.55. The company has a fifty day simple moving average of $3.50 and a 200 day simple moving average of $3.98. The company has a market cap of $276.48 million, a P/E ratio of 19.59 and a beta of 0.26.

Institutional Trading of Zhihu

An institutional investor recently raised its position in Zhihu stock. Ameriprise Financial Inc. increased its stake in shares of Zhihu Inc. Sponsored ADR (NYSE:ZH) by 44.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,088 shares of the company’s stock after acquiring an additional 11,082 shares during the period. Ameriprise Financial Inc.’s holdings in Zhihu were worth $183,000 as of its most recent filing with the SEC. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

About Zhihu

Zhihu is China’s leading online question-and-answer platform, providing a space where users can ask questions, share knowledge, and engage with content across science, technology, business, culture, and lifestyle. Founded in 2011 and headquartered in Beijing, Zhihu has cultivated a community-driven environment that emphasizes credible, in-depth answers from experts, professionals, and enthusiasts.

The company’s core service revolves around its Q&A platform, enabling registered users to post questions and receive comprehensive responses.