Zhihu Inc. Sponsored ADR (NYSE:ZH) Short Interest Update

Zhihu Inc. Sponsored ADR (NYSE:ZH) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 1,127,389 shares, a growth of 19.9% from the February 26th total of 940,021 shares. Based on an average trading volume of 298,328 shares, the short-interest ratio is presently 3.8 days. Approximately 1.5% of the company’s shares are short sold.

Zhihu Stock Down 0.5%

NYSE ZH opened at $2.83 on Thursday. Zhihu has a fifty-two week low of $2.57 and a fifty-two week high of $5.55. The business has a 50 day moving average price of $3.30 and a two-hundred day moving average price of $3.81. The stock has a market cap of $249.14 million, a PE ratio of -7.85 and a beta of 0.32.

Zhihu (NYSE:ZH) last posted its quarterly earnings data on Saturday, February 14th. The company reported ($0.38) earnings per share (EPS) for the quarter. The firm had revenue of $91.98 million for the quarter. Zhihu had a negative net margin of 7.18% and a negative return on equity of 4.82%.

Hedge Funds Weigh In On Zhihu

A hedge fund recently bought a new stake in Zhihu stock. Ameriprise Financial Inc. bought a new stake in shares of Zhihu Inc. Sponsored ADR (NYSE:ZH) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 25,006 shares of the company’s stock, valued at approximately $100,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ZH. Wall Street Zen lowered shares of Zhihu from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. Weiss Ratings reissued a “sell (d)” rating on shares of Zhihu in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Zhihu presently has an average rating of “Sell”.

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.