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Short Interest in Waterdrop Inc. (NYSE:WDH) Drops By 25.3%

Waterdrop logo with Business Services background

Waterdrop Inc. (NYSE:WDH - Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 477,200 shares, a decline of 25.3% from the September 30th total of 638,800 shares. Approximately 0.2% of the company's stock are short sold. Based on an average daily volume of 161,700 shares, the short-interest ratio is currently 3.0 days.

Waterdrop Stock Performance

Shares of NYSE:WDH traded down $0.02 on Friday, reaching $1.15. 180,551 shares of the company's stock were exchanged, compared to its average volume of 284,339. The firm has a market capitalization of $425.69 million, a price-to-earnings ratio of 19.17 and a beta of -0.25. Waterdrop has a fifty-two week low of $0.94 and a fifty-two week high of $1.53. The company has a quick ratio of 4.07, a current ratio of 4.07 and a debt-to-equity ratio of 0.01. The business's 50-day moving average is $1.12 and its two-hundred day moving average is $1.17.

Waterdrop (NYSE:WDH - Get Free Report) last released its quarterly earnings data on Wednesday, September 4th. The company reported $0.03 earnings per share for the quarter. The business had revenue of $93.04 million for the quarter. Waterdrop had a net margin of 9.71% and a return on equity of 5.67%.

Waterdrop Cuts Dividend

The business also recently announced a -- dividend, which will be paid on Friday, November 8th. Shareholders of record on Friday, October 11th will be paid a dividend of $0.016 per share. The ex-dividend date is Friday, October 11th.

Waterdrop Company Profile

(Get Free Report)

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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