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

Huize Holding Limited (NASDAQ:HUIZ) was the recipient of a significant decline in short interest in 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. Based on an average trading volume of 28,300 shares, the short-interest ratio is currently 3.7 days. Currently, 0.3% of the company’s shares are short sold.

Huize Trading Down 2.9 %

Shares of NASDAQ:HUIZ traded down $0.02 on Tuesday, hitting $0.58. The company had a trading volume of 10,998 shares, compared to its average volume of 35,518. The stock has a 50 day moving average price of $0.77 and a 200 day moving average price of $0.86. Huize has a 1-year low of $0.43 and a 1-year high of $1.08. The stock has a market cap of $28.99 million, a price-to-earnings ratio of 8.57 and a beta of 0.51.

Huize shares are set 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 announced its quarterly earnings results on Wednesday, September 25th. The company reported ($0.06) earnings per share (EPS) for the quarter. Huize had a return on equity of 5.43% and a net margin of 1.96%. The company had revenue of $38.94 million for 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.