Short Interest in Zepp Health Co. (NYSE:ZEPP) Drops By 20.9%

Zepp Health Co. (NYSE:ZEPP) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 3,400 shares, a decline of 20.9% from the January 31st total of 4,300 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 15,300 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Zepp Health stock. Mandatum Life Insurance Co Ltd acquired a new stake in shares of Zepp Health Co. (NYSE:ZEPP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,750 shares of the company’s stock, valued at approximately $28,000. Mandatum Life Insurance Co Ltd owned approximately 0.07% of Zepp Health as of its most recent SEC filing. Institutional investors own 52.61% of the company’s stock.

Zepp Health Stock Up 3.5 %

Shares of NYSE:ZEPP traded up $0.10 during trading on Tuesday, hitting $2.78. The company’s stock had a trading volume of 44,029 shares, compared to its average volume of 17,737. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.87 and a current ratio of 1.21. Zepp Health has a fifty-two week low of $2.06 and a fifty-two week high of $5.00. The stock’s 50-day moving average price is $2.89 and its two-hundred day moving average price is $3.08. The company has a market capitalization of $41.77 million, a PE ratio of -1.11 and a beta of 0.68.

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.