HUYA Inc. (NYSE:HUYA – Get Free Report) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 2,510,000 shares, a growth of 50.3% from the February 13th total of 1,670,000 shares. Currently, 3.3% of the shares of the stock are sold short. Based on an average daily volume of 1,210,000 shares, the days-to-cover ratio is presently 2.1 days.
HUYA Stock Up 5.3 %
Shares of HUYA stock traded up $0.23 during trading on Friday, hitting $4.45. 2,091,155 shares of the stock traded hands, compared to its average volume of 1,427,697. The firm’s fifty day moving average is $3.65 and its 200-day moving average is $3.69. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of -49.39 and a beta of 0.72. HUYA has a 52 week low of $2.82 and a 52 week high of $6.84.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in HUYA. Seldon Capital LP purchased a new stake in shares of HUYA in the 3rd quarter valued at $51,000. Central Asset Investments & Management Holdings HK Ltd purchased a new stake in HUYA during the third quarter valued at about $61,000. Two Sigma Securities LLC bought a new position in shares of HUYA during the fourth quarter valued at about $43,000. XTX Topco Ltd purchased a new position in shares of HUYA in the third quarter worth about $90,000. Finally, Smith Anglin Financial LLC lifted its stake in shares of HUYA by 27.9% in the 4th quarter. Smith Anglin Financial LLC now owns 18,367 shares of the company’s stock valued at $56,000 after acquiring an additional 4,002 shares during the last quarter. 23.20% of the stock is owned by hedge funds and other institutional investors.
About HUYA
HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.
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