Zhihu Inc. (NYSE:ZH) Short Interest Update

Zhihu Inc. (NYSE:ZH) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 1,630,000 shares, a decrease of 12.8% from the December 31st total of 1,870,000 shares. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily volume of 235,800 shares, the short-interest ratio is currently 6.9 days.

Zhihu Stock Performance

Shares of ZH stock traded down $0.04 on Friday, hitting $3.48. 152,435 shares of the company’s stock traded hands, compared to its average volume of 157,185. The stock has a market capitalization of $303.44 million, a price-to-earnings ratio of -6.21 and a beta of 0.19. The company’s fifty day simple moving average is $3.57 and its 200 day simple moving average is $3.49. Zhihu has a one year low of $2.55 and a one year high of $5.28.

Zhihu (NYSE:ZH) last posted its earnings results on Tuesday, November 26th. The company reported ($0.02) earnings per share (EPS) for the quarter. Zhihu had a negative return on equity of 8.01% and a negative net margin of 9.28%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Barclays PLC purchased a new stake in shares of Zhihu during the third quarter valued at approximately $511,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Zhihu during the third quarter valued at $317,000. Jane Street Group LLC boosted its position in shares of Zhihu by 65.1% during the third quarter. Jane Street Group LLC now owns 175,381 shares of the company’s stock valued at $675,000 after buying an additional 69,160 shares during the last quarter. Walleye Capital LLC bought a new stake in Zhihu in the 3rd quarter worth about $212,000. Finally, XTX Topco Ltd purchased a new position in Zhihu in the 3rd quarter worth about $151,000. Institutional investors own 28.92% of the company’s stock.

Analysts Set New Price Targets

Separately, Citigroup reduced their target price on Zhihu from $5.40 to $4.70 and set a “buy” rating on the stock in a research note on Friday, November 29th.

Zhihu Company Profile

Zhihu Inc operates an online content community in the People’s Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.