Short Interest in Zepp Health Co. (NYSE:ZEPP) Decreases By 20.6%

Zepp Health Co. (NYSE:ZEPP) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 2,700 shares, a decline of 20.6% from the February 13th total of 3,400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 16,500 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Zepp Health

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

Zepp Health Stock Performance

Shares of ZEPP traded up $0.42 during midday trading on Tuesday, hitting $3.61. 94,105 shares of the stock traded hands, compared to its average volume of 19,714. Zepp Health has a 1-year low of $2.06 and a 1-year high of $4.88. The firm has a market capitalization of $54.26 million, a PE ratio of -1.44 and a beta of 0.75. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.87 and a current ratio of 1.21. The business’s 50 day moving average price is $2.91 and its two-hundred day moving average price is $3.09.

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.