Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) Short Interest Down 76.6% in January

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 11,084 shares, a decline of 76.6% from the December 31st total of 47,354 shares. Based on an average trading volume of 24,823 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 24,823 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Huize in a research report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $2.30.

Huize Trading Up 6.2%

Huize stock traded up $0.13 during trading hours on Wednesday, hitting $2.23. The company had a trading volume of 2,153 shares, compared to its average volume of 15,985. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.48 and a current ratio of 1.48. The company has a 50-day moving average price of $2.95 and a two-hundred day moving average price of $3.01. The firm has a market cap of $22.50 million, a P/E ratio of 74.33 and a beta of 0.46. Huize has a 1 year low of $1.50 and a 1 year high of $4.53.

Huize Company Profile

Huize Holding Limited operates as a technology-driven online insurance distribution platform in China, offering a wide spectrum of personal insurance products including life, health, accident, property and casualty, and travel policies. Through its proprietary technology infrastructure, the company aggregates product information from insurance carriers, provides comparative quotes, and facilitates policy purchase and after-sales service. Huize’s platform integrates data analytics, automated underwriting tools and user-friendly interfaces to streamline insurance selection and enrollment processes for individual customers and small-to-medium enterprises.

Founded in 2012 and headquartered in Beijing, Huize serves clients across mainland China via a multi-channel distribution model.