Waterdrop Inc. (NYSE:WDH - Get Free Report) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 167,400 shares, a decrease of 26.5% from the January 15th total of 227,800 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 200,700 shares, the days-to-cover ratio is currently 0.8 days.
Waterdrop Stock Up 0.7 %
Shares of Waterdrop stock traded up $0.01 during trading hours on Tuesday, reaching $1.35. 293,600 shares of the stock traded hands, compared to its average volume of 139,619. Waterdrop has a one year low of $0.97 and a one year high of $1.53. The firm has a market capitalization of $499.72 million, a price-to-earnings ratio of 11.25 and a beta of -0.25. The company has a 50 day moving average price of $1.19 and a 200 day moving average price of $1.14.
Waterdrop (NYSE:WDH - Get Free Report) last posted its quarterly earnings data on Wednesday, December 11th. The company reported $0.05 earnings per share (EPS) for the quarter. Waterdrop had a net margin of 11.69% and a return on equity of 7.02%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Catalina Capital Group LLC bought a new position in Waterdrop in the 4th quarter worth $27,000. Jane Street Group LLC bought a new stake in Waterdrop during the fourth quarter valued at about $78,000. Baader Bank Aktiengesellschaft increased its position in Waterdrop by 1,198.2% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 1,291,585 shares of the company's stock worth $1,524,000 after buying an additional 1,192,092 shares in the last quarter. Finally, IDG China Capital Fund III Associates L.P. bought a new position in shares of Waterdrop in the fourth quarter worth about $6,760,000. Hedge funds and other institutional investors own 1.96% of the company's stock.
About Waterdrop
(
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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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