Zepp Health Co. (NYSE:ZEPP) Sees Significant Decrease in Short Interest

Zepp Health Co. (NYSE:ZEPP) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 23,700 shares, a decline of 18.6% from the November 30th total of 29,100 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 18,900 shares, the short-interest ratio is currently 1.3 days.

Analyst Ratings Changes

Separately, Fundamental Research set a $14.65 price objective on Zepp Health and gave the stock a “buy” rating in a research note on Tuesday, November 26th.

Institutional Trading of Zepp Health

An institutional investor recently bought a new position in Zepp Health stock. Virtu Financial LLC bought a new position in shares of Zepp Health Co. (NYSE:ZEPP) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 13,056 shares of the company’s stock, valued at approximately $57,000. Virtu Financial LLC owned approximately 0.09% of Zepp Health at the end of the most recent quarter. Institutional investors and hedge funds own 52.61% of the company’s stock.

Zepp Health Stock Down 3.5 %

Shares of NYSE ZEPP traded down $0.10 during mid-day trading on Friday, reaching $2.78. 10,298 shares of the company’s stock were exchanged, compared to its average volume of 18,674. Zepp Health has a twelve month low of $2.06 and a twelve month high of $8.40. The company has a current ratio of 1.21, a quick ratio of 0.87 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $41.84 million, a price-to-earnings ratio of -1.11 and a beta of 0.64. The business has a fifty day simple moving average of $3.04 and a 200 day simple moving average of $2.95.

Zepp Health Company Profile

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.