Waterdrop Inc. (NYSE:WDH) Short Interest Update

Waterdrop Inc. (NYSE:WDH) saw a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 353,300 shares, a decrease of 29.4% from the October 31st total of 500,600 shares. Based on an average trading volume of 182,400 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.1% of the shares of the company are sold short.

Waterdrop Stock Performance

Shares of WDH stock traded up $0.03 on Friday, hitting $1.13. 78,899 shares of the stock were exchanged, compared to its average volume of 267,679. The company has a current ratio of 4.07, a quick ratio of 4.07 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $418.28 million, a PE ratio of 12.56 and a beta of -0.25. Waterdrop has a one year low of $0.94 and a one year high of $1.53. The firm’s 50 day moving average is $1.16 and its two-hundred day moving average is $1.16.

Waterdrop (NYSE:WDH) last posted its quarterly earnings results on Wednesday, September 4th. The company reported $0.03 earnings per share for the quarter. Waterdrop had a return on equity of 5.67% and a net margin of 9.71%. The company had revenue of $93.04 million during the quarter.

Waterdrop Cuts Dividend

The firm also recently declared a — dividend, which was paid on Friday, November 8th. Shareholders of record on Friday, October 11th were issued a $0.016 dividend. The ex-dividend date was Friday, October 11th.

About Waterdrop

Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.