Zepp Health Co. (NYSE:ZEPP) Sees Large Increase in Short Interest

Zepp Health Co. (NYSE:ZEPP) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 8,400 shares, an increase of 211.1% from the February 28th total of 2,700 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 19,800 shares, the short-interest ratio is currently 0.4 days.

Zepp Health Stock Performance

Zepp Health stock traded down $0.34 during trading hours on Friday, reaching $3.13. 13,596 shares of the stock were exchanged, compared to its average volume of 19,558. The stock has a market cap of $47.04 million, a P/E ratio of -1.25 and a beta of 0.75. The firm’s 50 day moving average is $2.98 and its 200 day moving average is $3.10. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.87 and a current ratio of 1.21. Zepp Health has a 52-week low of $2.06 and a 52-week high of $4.38.

Institutional Investors Weigh In On Zepp Health

A hedge fund recently bought a new stake in Zepp Health stock. Virtu Financial LLC acquired a new position in Zepp Health Co. (NYSE:ZEPP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,056 shares of the company’s stock, valued at approximately $57,000. Virtu Financial LLC owned approximately 0.09% of Zepp Health as of its most recent filing with the Securities and Exchange Commission (SEC). 52.61% of the stock is owned by institutional investors and hedge funds.

About Zepp Health

Zepp Health Corporation operates as a smart wearable and health technology company worldwide. The company operates in two segments: Self-Branded Products and Others, and Xiaomi Wearable Products. It empowers users to live lives by optimizing health, fitness, and wellness journeys through its consumer brands, Amazfit, Zepp Clarity, and Zepp Aura.