Short Interest in Hywin Holdings Ltd. (NASDAQ:HYW) Increases By 48.5%

Hywin Holdings Ltd. (NASDAQ:HYWGet Rating) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 10,100 shares, an increase of 48.5% from the March 15th total of 6,800 shares. Based on an average daily trading volume, of 46,000 shares, the days-to-cover ratio is currently 0.2 days.

An institutional investor recently bought a new position in Hywin stock. Renaissance Technologies LLC bought a new position in Hywin Holdings Ltd. (NASDAQ:HYWGet Rating) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 11,100 shares of the company’s stock, valued at approximately $62,000. 0.77% of the stock is currently owned by institutional investors.

Hywin stock opened at $7.45 on Friday. The firm’s fifty day moving average price is $6.76 and its 200-day moving average price is $6.15. Hywin has a fifty-two week low of $5.15 and a fifty-two week high of $8.25.

Hywin Company Profile (Get Rating)

Hywin Holdings Ltd., through its subsidiaries, provides wealth management, insurance brokerage, and asset management service in China. It distributes private market investment products comprising asset-backed products, such as real estate securitization products, and equity investments in real estate projects or private project companies; venture capital, private equity, and hedge funds; and supply chain financing products, cash management products, and funds managed by its subsidiaries.

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