Huize Holding Limited Sponsored ADR (NASDAQ:HUIZ) Short Interest Up 106.0% in December

Huize Holding Limited Sponsored ADR (NASDAQ:HUIZGet Free Report) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 47,354 shares, a growth of 106.0% from the December 15th total of 22,989 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 41,636 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 41,636 shares, the short-interest ratio is presently 1.1 days. Approximately 0.7% of the company’s stock are short sold.

Huize Stock Up 1.8%

Shares of NASDAQ:HUIZ opened at $2.31 on Friday. Huize has a fifty-two week low of $1.50 and a fifty-two week high of $4.53. The firm’s 50 day moving average price is $3.09 and its 200 day moving average price is $3.00. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.02. The stock has a market cap of $23.31 million, a price-to-earnings ratio of 77.00 and a beta of 0.46.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Huize in a research report on Wednesday, October 8th. One research 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, the stock has an average rating of “Reduce” and an average target price of $2.30.

Read Our Latest Stock Analysis on Huize

About Huize

(Get Free Report)

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.

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