Tuya Inc. (NYSE:TUYA - Get Free Report) saw a large decline in short interest in October. As of October 15th, there was short interest totalling 615,000 shares, a decline of 15.0% from the September 30th total of 723,800 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 995,700 shares, the short-interest ratio is presently 0.6 days.
Tuya Price Performance
Shares of TUYA stock traded up $0.05 during mid-day trading on Monday, hitting $1.64. The company had a trading volume of 790,161 shares, compared to its average volume of 501,949. The company has a market capitalization of $827.20 million, a P/E ratio of -53.00 and a beta of 0.36. The stock's 50 day moving average price is $1.56 and its 200-day moving average price is $1.67. Tuya has a 52-week low of $1.28 and a 52-week high of $2.50.
Tuya (NYSE:TUYA - Get Free Report) last announced its quarterly earnings results on Monday, August 26th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.02. The business had revenue of $73.28 million for the quarter, compared to analysts' expectations of $69.36 million. Tuya had a negative net margin of 6.20% and a negative return on equity of 0.65%.
Tuya Dividend Announcement
The company also recently declared a Variable dividend, which was paid on Tuesday, October 15th. Shareholders of record on Wednesday, September 11th were issued a dividend of $0.059 per share. The ex-dividend date was Wednesday, September 11th.
Institutional Trading of Tuya
A hedge fund recently bought a new stake in Tuya stock. XTX Topco Ltd bought a new stake in shares of Tuya Inc. (NYSE:TUYA - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,783 shares of the company's stock, valued at approximately $27,000. Institutional investors and hedge funds own 11.47% of the company's stock.
About Tuya
(
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Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.
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