Short Interest in Zepp Health Co. (NYSE:ZEPP) Increases By 57.9%

Zepp Health Co. (NYSE:ZEPP) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 24,000 shares, a growth of 57.9% from the September 30th total of 15,200 shares. Based on an average daily volume of 22,400 shares, the short-interest ratio is currently 1.1 days. Currently, 0.3% of the shares of the stock are sold short.

Zepp Health Price Performance

Zepp Health stock traded down $0.03 during trading hours on Friday, hitting $3.37. 10,455 shares of the stock were exchanged, compared to its average volume of 32,194. The business’s 50-day moving average is $3.35 and its two-hundred day moving average is $3.06. Zepp Health has a 12 month low of $2.06 and a 12 month high of $8.40. The stock has a market capitalization of $202.90 million, a P/E ratio of -8.43 and a beta of 0.64. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.02 and a current ratio of 1.39.

Zepp Health (NYSE:ZEPP) last announced its earnings results on Wednesday, August 21st. The company reported ($0.68) EPS for the quarter. Zepp Health had a negative return on equity of 7.72% and a negative net margin of 10.60%. The business had revenue of $40.64 million for the quarter.

About Zepp Health

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.