Zepp Health Co. (NYSE:ZEPP) Short Interest Update

Zepp Health Co. (NYSE:ZEPP) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 17,800 shares, a drop of 20.5% from the December 31st total of 22,400 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 14,800 shares, the short-interest ratio is presently 1.2 days.

Institutional Investors Weigh In On Zepp Health

An institutional investor recently bought a new position in Zepp Health stock. Virtu Financial LLC purchased a new stake in shares of Zepp Health Co. (NYSE:ZEPP) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 13,056 shares of the company’s stock, valued at approximately $57,000. Virtu Financial LLC owned 0.09% of Zepp Health at the end of the most recent reporting period. Institutional investors and hedge funds own 52.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a $14.65 price target on Zepp Health and gave the company a “buy” rating in a report on Tuesday, November 26th.

Zepp Health Stock Performance

Shares of NYSE ZEPP opened at $2.80 on Friday. The firm’s 50-day moving average price is $2.90 and its 200-day moving average price is $3.01. Zepp Health has a 52-week low of $2.06 and a 52-week high of $5.72. The company has a quick ratio of 0.87, a current ratio of 1.21 and a debt-to-equity ratio of 0.13.

Zepp Health Company Profile

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.