HUYA Inc. Sponsored ADR (NYSE:HUYA) Short Interest Update

HUYA Inc. Sponsored ADR (NYSE:HUYA) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 3,031,743 shares, a growth of 35.1% from the January 29th total of 2,244,166 shares. Based on an average trading volume of 2,299,167 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.4% of the company’s shares are short sold. Currently, 1.4% of the company’s shares are short sold. Based on an average trading volume of 2,299,167 shares, the days-to-cover ratio is presently 1.3 days.

HUYA Price Performance

NYSE HUYA traded down $0.13 during mid-day trading on Monday, reaching $3.60. 772,737 shares of the stock were exchanged, compared to its average volume of 2,647,451. The stock has a market cap of $804.26 million, a P/E ratio of -40.00 and a beta of 0.87. HUYA has a one year low of $2.21 and a one year high of $4.93. The stock has a 50 day simple moving average of $3.73 and a 200-day simple moving average of $3.33.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on HUYA. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of HUYA in a research note on Monday, December 29th. Morgan Stanley set a $3.40 target price on HUYA in a report on Wednesday, February 25th. Finally, HSBC upgraded HUYA from a “hold” rating to a “buy” rating and set a $3.50 price target on the stock in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $3.45.

Institutional Investors Weigh In On HUYA

Large investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio increased its holdings in HUYA by 8.6% in the third quarter. Public Employees Retirement System of Ohio now owns 245,295 shares of the company’s stock worth $817,000 after purchasing an additional 19,353 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of HUYA by 10.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 154,694 shares of the company’s stock worth $497,000 after buying an additional 14,456 shares during the period. SG Americas Securities LLC increased its stake in shares of HUYA by 92.1% in the 3rd quarter. SG Americas Securities LLC now owns 85,796 shares of the company’s stock valued at $286,000 after acquiring an additional 41,138 shares in the last quarter. Finally, Loomis Sayles & Co. L P lifted its position in shares of HUYA by 327.0% during the 2nd quarter. Loomis Sayles & Co. L P now owns 10,273 shares of the company’s stock valued at $36,000 after acquiring an additional 7,867 shares during the period. Institutional investors and hedge funds own 23.20% of the company’s stock.

HUYA Company Profile

HUYA Inc is a leading interactive live streaming platform based in Guangzhou, China, primarily focused on video game and esports content. The company operates a proprietary technology platform that enables users to broadcast and view live gameplay, participate in real-time chat, and engage with hosts through virtual gifting. Its services are accessible via web browsers, desktop applications and mobile apps for both iOS and Android.

At the core of HUYA’s business are user-generated live streams hosted by professional gamers, influencers and esports organizations.