HUYA Inc. (NYSE:HUYA) Short Interest Update

HUYA Inc. (NYSE:HUYA) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 2,510,000 shares, a growth of 50.3% from the February 13th total of 1,670,000 shares. Based on an average trading volume of 1,210,000 shares, the short-interest ratio is presently 2.1 days. Approximately 3.3% of the shares of the company are short sold.

Institutional Investors Weigh In On HUYA

A number of hedge funds have recently bought and sold shares of the company. Vontobel Holding Ltd. bought a new stake in shares of HUYA in the fourth quarter valued at approximately $140,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in HUYA during the 4th quarter valued at $371,000. FMR LLC boosted its holdings in HUYA by 236.8% in the 3rd quarter. FMR LLC now owns 2,391,957 shares of the company’s stock valued at $12,199,000 after purchasing an additional 1,681,800 shares during the period. WCM Investment Management LLC grew its position in HUYA by 4,396.5% in the 4th quarter. WCM Investment Management LLC now owns 2,854,171 shares of the company’s stock worth $8,505,000 after purchasing an additional 2,790,696 shares during the last quarter. Finally, XTX Topco Ltd bought a new position in shares of HUYA during the 3rd quarter worth about $90,000. 23.20% of the stock is currently owned by institutional investors.

HUYA Stock Performance

Shares of HUYA stock traded up $0.12 on Monday, reaching $4.55. The stock had a trading volume of 3,110,023 shares, compared to its average volume of 1,434,427. The business’s 50-day moving average price is $3.65 and its two-hundred day moving average price is $3.68. The stock has a market cap of $1.03 billion, a P/E ratio of -50.50 and a beta of 0.72. HUYA has a fifty-two week low of $2.82 and a fifty-two week high of $6.84.

About HUYA

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.