Zhihu Inc. Sponsored ADR (NYSE:ZH) Sees Large Increase in Short Interest

Zhihu Inc. Sponsored ADR (NYSE:ZH) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 1,127,389 shares, a growth of 19.9% from the February 26th total of 940,021 shares. Based on an average daily trading volume, of 298,328 shares, the short-interest ratio is presently 3.8 days. Approximately 1.5% of the shares of the company are short sold.

Zhihu Stock Up 5.4%

ZH traded up $0.15 during trading on Tuesday, hitting $2.85. 597,064 shares of the company traded hands, compared to its average volume of 425,939. Zhihu has a one year low of $2.57 and a one year high of $5.55. The stock’s fifty day moving average is $3.34 and its 200 day moving average is $3.84. The firm has a market cap of $250.90 million, a P/E ratio of -7.90 and a beta of 0.26.

Zhihu (NYSE:ZH) last announced its quarterly earnings data on Saturday, February 14th. The company reported ($0.38) EPS for the quarter. The company had revenue of $91.98 million during the quarter. Zhihu had a negative return on equity of 4.82% and a negative net margin of 7.18%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ZH. Wall Street Zen lowered Zhihu from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings reissued a “sell (d)” rating on shares of Zhihu in a research report on Friday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Zhihu currently has an average rating of “Sell”.

Hedge Funds Weigh In On Zhihu

An institutional investor recently bought a new position in Zhihu stock. Ameriprise Financial Inc. acquired a new stake in shares of Zhihu Inc. Sponsored ADR (NYSE:ZH) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,006 shares of the company’s stock, valued at approximately $100,000. Institutional investors own 28.92% of the company’s stock.

Zhihu Company Profile

Zhihu is China’s leading online question-and-answer platform, providing a space where users can ask questions, share knowledge, and engage with content across science, technology, business, culture, and lifestyle. Founded in 2011 and headquartered in Beijing, Zhihu has cultivated a community-driven environment that emphasizes credible, in-depth answers from experts, professionals, and enthusiasts.

The company’s core service revolves around its Q&A platform, enabling registered users to post questions and receive comprehensive responses.