Waterdrop Inc. (NYSE:WDH) Short Interest Down 25.3% in October

Waterdrop Inc. (NYSE:WDH) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 477,200 shares, a decline of 25.3% from the September 30th total of 638,800 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 161,700 shares, the short-interest ratio is presently 3.0 days.

Waterdrop Price Performance

Waterdrop stock traded down $0.02 during mid-day trading on Friday, hitting $1.15. The company’s stock had a trading volume of 180,551 shares, compared to its average volume of 284,339. The stock has a market capitalization of $425.69 million, a P/E ratio of 19.17 and a beta of -0.25. Waterdrop has a twelve month low of $0.94 and a twelve month high of $1.53. The stock’s fifty day moving average price is $1.12 and its two-hundred day moving average price is $1.17. The company has a quick ratio of 4.07, a current ratio of 4.07 and a debt-to-equity ratio of 0.01.

Waterdrop (NYSE:WDH) last issued its quarterly earnings results on Wednesday, September 4th. The company reported $0.03 earnings per share for the quarter. Waterdrop had a return on equity of 5.67% and a net margin of 9.71%. The firm had revenue of $93.04 million for the quarter.

Waterdrop Cuts Dividend

The company also recently declared a — dividend, which will be paid on Friday, November 8th. Stockholders of record on Friday, October 11th will be issued a dividend of $0.016 per share. The ex-dividend date is Friday, October 11th.

Waterdrop Company Profile

Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.