WW International, Inc. (NASDAQ:WW) Short Interest Update

WW International, Inc. (NASDAQ:WW) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 1,593,503 shares, an increase of 28.9% from the January 29th total of 1,236,706 shares. Based on an average daily trading volume, of 328,331 shares, the short-interest ratio is currently 4.9 days. Approximately 2.2% of the company’s stock are sold short. Approximately 2.2% of the company’s stock are sold short. Based on an average daily trading volume, of 328,331 shares, the short-interest ratio is currently 4.9 days.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on WW shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of WW International in a research note on Friday, January 9th. Zacks Research downgraded WW International from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. Finally, Wall Street Zen downgraded WW International from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Two equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

Hedge Funds Weigh In On WW International

Several institutional investors and hedge funds have recently bought and sold shares of WW. Covestor Ltd purchased a new stake in WW International in the third quarter worth about $101,000. Mount Lucas Management LP bought a new stake in WW International during the 3rd quarter worth approximately $1,094,000. Claret Asset Management Corp bought a new stake in shares of WW International during the 3rd quarter valued at $280,000. Cooper Creek Partners Management LLC bought a new position in WW International in the 3rd quarter worth $3,336,000. Finally, Ameriprise Financial Inc. purchased a new stake in WW International in the 3rd quarter worth $623,000. 86.18% of the stock is currently owned by hedge funds and other institutional investors.

WW International Stock Down 0.1%

WW International stock opened at $21.78 on Wednesday. WW International has a 52-week low of $18.00 and a 52-week high of $46.95. The company has a market cap of $217.52 million, a P/E ratio of -3.76 and a beta of 1.30. The business has a 50-day simple moving average of $24.69 and a two-hundred day simple moving average of $27.39.

WW International Company Profile

WW International, Inc (NASDAQ: WW) is a global wellness and weight management company that provides a range of subscription-based programs, digital tools and personalized coaching services. Originally founded in 1963 by Jean Nidetch as a small support group in New York City, the company grew into the well-known Weight Watchers brand before rebranding as WW in 2018 to reflect an expanded focus on overall health, fitness and nutrition. Over the years, WW has introduced innovations such as the SmartPoints® system, which assigns values to foods based on their nutritional composition, and the MyWW® personalized wellness plan, which tailors recommendations to individual lifestyles and goals.

WW’s offerings span digital and in-person channels.