WW International, Inc. (NASDAQ:WW) Sees Significant Growth in Short Interest

WW International, Inc. (NASDAQ:WW) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 328,000 shares, a growth of 73.9% from the September 15th total of 188,600 shares. Based on an average daily volume of 285,200 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily volume of 285,200 shares, the days-to-cover ratio is currently 1.2 days.

Analyst Ratings Changes

Several research analysts have commented on WW shares. CJS Securities started coverage on shares of WW International in a report on Monday, September 15th. They issued a “market perform” rating for the company. Morgan Stanley restated an “equal weight” rating on shares of WW International in a report on Friday, August 1st. Wall Street Zen upgraded shares of WW International to a “hold” rating in a report on Saturday, August 30th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of WW International in a research note on Tuesday, October 14th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

WW International Price Performance

Shares of WW International stock opened at $29.89 on Wednesday. The company has a 50-day moving average of $29.78 and a 200 day moving average of $17.75. The firm has a market cap of $298.51 million, a price-to-earnings ratio of -5.16 and a beta of 1.30. WW International has a 1 year low of $23.01 and a 1 year high of $46.95.

WW International (NASDAQ:WW) last issued its quarterly earnings results on Tuesday, August 5th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.52). The company had revenue of $186.57 million for the quarter. On average, equities analysts anticipate that WW International will post -0.06 EPS for the current year.

WW International Company Profile

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.