Huize Holding Limited (NASDAQ:HUIZ) Sees Large Decline in Short Interest

Huize Holding Limited (NASDAQ:HUIZ) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 105,500 shares, a decline of 10.4% from the October 31st total of 117,700 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 28,300 shares, the short-interest ratio is currently 3.7 days.

Huize Trading Down 6.3 %

NASDAQ HUIZ opened at $0.60 on Tuesday. The stock has a market capitalization of $29.84 million, a price-to-earnings ratio of 8.57 and a beta of 0.51. Huize has a 12-month low of $0.43 and a 12-month high of $1.08. The business’s 50 day moving average is $0.77 and its two-hundred day moving average is $0.86.

Shares of Huize are scheduled to reverse split on the morning of Monday, December 9th. The 1-5 reverse split was announced on Tuesday, November 19th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, December 6th.

Huize (NASDAQ:HUIZ) last released its quarterly earnings data on Wednesday, September 25th. The company reported ($0.06) earnings per share (EPS) for the quarter. Huize had a net margin of 1.96% and a return on equity of 5.43%. The business had revenue of $38.94 million during the quarter.

About Huize

Huize Holding Limited, together with its subsidiaries, offers online insurance product and service platform through various internet channels in the People's Republic of China. The company provides life and health insurance products, such as critical illness, illness and disease, annuity, and term and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products.