Zepp Health Co. (NYSE:ZEPP) Short Interest Down 20.6% in February

Zepp Health Co. (NYSE:ZEPP) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 2,700 shares, a drop of 20.6% from the February 13th total of 3,400 shares. Based on an average trading volume of 16,500 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Zepp Health Trading Up 1.5 %

Shares of Zepp Health stock opened at $3.04 on Monday. Zepp Health has a 12-month low of $2.06 and a 12-month high of $4.88. The company has a quick ratio of 0.87, a current ratio of 1.21 and a debt-to-equity ratio of 0.13. The business’s 50 day moving average is $2.91 and its 200-day moving average is $3.08. The stock has a market cap of $45.68 million, a P/E ratio of -1.21 and a beta of 0.75.

Hedge Funds Weigh In On Zepp Health

A hedge fund recently bought a new stake in Zepp Health stock. Mandatum Life Insurance Co Ltd acquired a new stake in Zepp Health Co. (NYSE:ZEPP) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,750 shares of the company’s stock, valued at approximately $28,000. Mandatum Life Insurance Co Ltd owned 0.07% of Zepp Health at the end of the most recent reporting period. 52.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

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.