Waterdrop Inc. (NYSE:WDH – Get Free Report) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 287,000 shares, an increase of 70.5% from the March 31st total of 168,300 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 314,200 shares, the short-interest ratio is presently 0.9 days.
Analysts Set New Price Targets
Separately, TheStreet raised shares of Waterdrop from a “d+” rating to a “c-” rating in a research note on Thursday, March 14th.
Check Out Our Latest Stock Analysis on Waterdrop
Waterdrop Price Performance
Waterdrop (NYSE:WDH – Get Free Report) last announced its earnings results on Tuesday, March 26th. The company reported $0.02 earnings per share for the quarter. Waterdrop had a net margin of 6.40% and a return on equity of 3.57%. The business had revenue of $92.87 million during the quarter.
Waterdrop Announces Dividend
The company also recently announced a — dividend, which will be paid on Friday, May 3rd. Investors of record on Friday, April 19th will be paid a dividend of $0.032 per share. The ex-dividend date is Thursday, April 18th.
About Waterdrop
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.
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