Zepp Health Co. (NYSE:ZEPP) Short Interest Update

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

Institutional Trading of Zepp Health

An institutional investor recently bought a new position in Zepp Health stock. Virtu Financial LLC purchased a new stake in Zepp Health Co. (NYSE:ZEPP) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 13,056 shares of the company’s stock, valued at approximately $57,000. Virtu Financial LLC owned approximately 0.09% of Zepp Health as of its most recent SEC filing. 52.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Zepp Health Stock Down 3.5 %

ZEPP stock traded down $0.10 during midday trading on Friday, hitting $2.78. The company’s stock had a trading volume of 10,298 shares, compared to its average volume of 18,674. The company’s fifty day moving average price is $3.04 and its 200 day moving average price is $2.95. Zepp Health has a twelve month low of $2.06 and a twelve month high of $8.40. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.21 and a quick ratio of 0.87. The stock has a market capitalization of $41.84 million, a P/E ratio of -1.11 and a beta of 0.64.

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.