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HomeMarketResultsShort Interest in Waterdrop Inc. (NYSE:WDH) Drops By 66.1%

Short Interest in Waterdrop Inc. (NYSE:WDH) Drops By 66.1%


Waterdrop Inc. (NYSE:WDHGet Rating) noticed a big decline in brief curiosity in December. As of December fifteenth, there was quick curiosity totalling 62,700 shares, a decline of 66.1% from the November thirtieth whole of 184,700 shares. Primarily based on a median buying and selling quantity of 310,700 shares, the short-interest ratio is at the moment 0.2 days. Roughly 0.0% of the corporate’s inventory are offered quick.

Institutional Buying and selling of Waterdrop

A hedge fund lately purchased a brand new stake in Waterdrop inventory. GSA Capital Companions LLP acquired a brand new place in shares of Waterdrop Inc. (NYSE:WDHGet Rating) within the first quarter, in keeping with the corporate in its most up-to-date 13F submitting with the SEC. The institutional investor acquired 24,124 shares of the corporate’s inventory, valued at roughly $36,000. Hedge funds and different institutional traders personal 0.14% of the corporate’s inventory.

Waterdrop Buying and selling Down 6.4 %

WDH stock traded down $0.21 on Wednesday, hitting $3.05. The corporate’s inventory had a buying and selling quantity of 817,172 shares, in comparison with its common quantity of 224,239. The agency has a 50 day transferring common of $1.83 and a two-hundred day transferring common of $1.44. Waterdrop has a 1 12 months low of $0.90 and a 1 12 months excessive of $3.30. The inventory has a market cap of $12.02 billion, a price-to-earnings ratio of 20.33, a price-to-earnings-growth ratio of 23.11 and a beta of -0.01.

Wall Avenue Analyst Weigh In

A number of analysis companies have commented on WDH. Morgan Stanley upgraded shares of Waterdrop from an “equal weight” score to an “chubby” score and boosted their value goal for the inventory from $2.00 to $2.10 in a report on Friday, September sixteenth. The Goldman Sachs Group upped their goal value on shares of Waterdrop from $2.70 to $3.30 and gave the corporate a “purchase” score in a report on Wednesday, December seventh.

About Waterdrop

(Get Rating)

Waterdrop Inc, by way of its subsidiaries, gives on-line insurance coverage brokerage providers to match and join customers with associated insurance coverage merchandise underwritten by insurance coverage corporations within the Folks’s Republic of China. The corporate provides short-term well being and long-term well being and life insurance coverage services.

See Additionally

This instantaneous information alert was generated by narrative science know-how and monetary information from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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