WW International, Inc. (NASDAQ:WW) Short Interest Down 25.0% in October

WW International, Inc. (NASDAQ:WW - Get Free Report) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 11,840,000 shares, a decrease of 25.0% from the October 15th total of 15,790,000 shares. Based on an average daily trading volume, of 7,980,000 shares, the days-to-cover ratio is presently 1.5 days.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on WW shares. UBS Group dropped their price target on WW International from $2.10 to $1.00 and set a "neutral" rating on the stock in a research note on Friday, August 2nd. Barclays reiterated an "underweight" rating and set a $0.75 price objective on shares of WW International in a research report on Thursday, October 10th. Guggenheim lowered their price objective on WW International from $12.00 to $6.00 and set a "buy" rating on the stock in a research report on Friday, August 2nd. Morgan Stanley cut WW International from an "overweight" rating to an "equal weight" rating and lowered their price objective for the stock from $6.50 to $1.25 in a research report on Friday, July 26th. Finally, StockNews.com upgraded WW International from a "sell" rating to a "hold" rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $4.50.

WW International Trading Down 3.5 %

Shares of NASDAQ:WW traded down $0.03 during mid-day trading on Friday, hitting $0.91. 1,641,624 shares of the company traded hands, compared to its average volume of 5,634,653. The stock has a market cap of $72.73 million, a P/E ratio of -0.16 and a beta of 1.69. WW International has a 12-month low of $0.67 and a 12-month high of $9.77. The stock has a 50-day moving average price of $1.02 and a two-hundred day moving average price of $1.21.

Institutional Trading of WW International

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC boosted its holdings in WW International by 52.1% during the 1st quarter. SG Americas Securities LLC now owns 47,409 shares of the company's stock valued at $88,000 after acquiring an additional 16,244 shares during the period. Prism Advisors Inc. raised its position in shares of WW International by 110.0% in the 3rd quarter. Prism Advisors Inc. now owns 42,000 shares of the company's stock worth $37,000 after acquiring an additional 22,000 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of WW International by 229.7% in the 1st quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company's stock worth $210,000 after acquiring an additional 79,026 shares in the last quarter. Empirical Capital Management LLC bought a new position in shares of WW International in the 1st quarter worth approximately $185,000. Finally, Marshall Wace LLP raised its position in shares of WW International by 159.9% in the 2nd quarter. Marshall Wace LLP now owns 260,400 shares of the company's stock worth $305,000 after acquiring an additional 160,200 shares in the last quarter. 86.18% of the stock is currently owned by institutional investors.

About WW International

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.