Zepp Health Corporation Sponsored ADR (NYSE:ZEPP) Short Interest Down 31.2% in January

Zepp Health Corporation Sponsored ADR (NYSE:ZEPP) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 357,811 shares, a drop of 31.2% from the January 15th total of 520,263 shares. Currently, 3.9% of the company’s stock are short sold. Based on an average daily volume of 118,750 shares, the days-to-cover ratio is presently 3.0 days. Based on an average daily volume of 118,750 shares, the days-to-cover ratio is presently 3.0 days. Currently, 3.9% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Fundamental Research set a $64.37 price objective on Zepp Health and gave the company a “buy” rating in a research report on Tuesday, November 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zepp Health in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Zepp Health presently has a consensus rating of “Hold” and a consensus price target of $64.37.

Zepp Health Stock Down 3.4%

NYSE:ZEPP traded down $0.83 during trading hours on Friday, reaching $23.50. 172,367 shares of the company traded hands, compared to its average volume of 149,864. The company has a quick ratio of 0.78, a current ratio of 1.09 and a debt-to-equity ratio of 0.31. The business’s 50-day moving average price is $24.95 and its two-hundred day moving average price is $33.87. Zepp Health has a 1 year low of $2.13 and a 1 year high of $61.85.

Zepp Health (NYSE:ZEPP) last issued its quarterly earnings results on Wednesday, November 5th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $75.79 million for the quarter. Zepp Health had a negative net margin of 28.28% and a negative return on equity of 21.45%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio bought a new stake in shares of Zepp Health in the third quarter worth $43,000. Dimensional Fund Advisors LP bought a new position in Zepp Health in the fourth quarter valued at about $241,000. Oasis Management Co Ltd. purchased a new position in Zepp Health in the third quarter worth about $276,000. Capstone Capital Management Ltd bought a new stake in shares of Zepp Health during the 4th quarter valued at about $298,000. Finally, Themes Management Co LLC purchased a new stake in shares of Zepp Health during the 4th quarter valued at about $489,000. Institutional investors own 52.61% of the company’s stock.

Zepp Health Company Profile

Zepp Health Corp is a technology company specializing in the design, development and sale of smart wearable devices and health management solutions. Through its flagship Amazfit brand and the Zepp software ecosystem, the company offers a range of products—including smartwatches, fitness bands, smart scales and health-oriented mobile applications—designed to track key biometric data such as heart rate, sleep patterns, blood oxygen levels and activity metrics. Zepp Health’s integrated platform enables users to monitor wellness and fitness goals while leveraging cloud-based analytics for personalized insights.

At the core of Zepp Health’s offering is its Zepp cloud platform, which aggregates and analyzes data collected from its hardware lineup.