Huize Holding Limited (NASDAQ:HUIZ) Sees Large Decline in Short Interest

Huize Holding Limited (NASDAQ:HUIZ) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 156,900 shares, a decrease of 6.1% from the March 15th total of 167,100 shares. Based on an average daily volume of 32,800 shares, the days-to-cover ratio is currently 4.8 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Huize stock. Citadel Advisors LLC raised its position in shares of Huize Holding Limited (NASDAQ:HUIZ) by 86.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,947 shares of the company’s stock after acquiring an additional 14,824 shares during the quarter. Citadel Advisors LLC owned approximately 0.06% of Huize worth $27,000 as of its most recent SEC filing.

Huize Price Performance

Huize stock opened at $0.61 on Thursday. Huize has a 12 month low of $0.53 and a 12 month high of $2.08. The stock has a market capitalization of $31.21 million, a PE ratio of 3.05 and a beta of 0.51. The business has a 50 day simple moving average of $0.67 and a 200-day simple moving average of $0.81.

Huize (NASDAQ:HUIZ) last posted its quarterly earnings data on Wednesday, March 20th. The company reported $0.05 earnings per share (EPS) for the quarter. Huize had a net margin of 5.88% and a return on equity of 18.42%. The business had revenue of $33.24 million for the quarter.

Huize Company Profile

Huize Holding Limited, together with its subsidiaries, offers insurance brokerage services in the People's Republic of China. The company provides life and health insurance products, such as critical illness, illness and disease, and term and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products.