HUYA Inc. Sponsored ADR (NYSE:HUYA) Short Interest Update

HUYA Inc. Sponsored ADR (NYSE:HUYA) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 1,940,738 shares, an increase of 24.1% from the November 30th total of 1,563,597 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 1,249,359 shares, the short-interest ratio is presently 1.6 days. Based on an average trading volume of 1,249,359 shares, the short-interest ratio is presently 1.6 days. Currently, 0.9% of the company’s stock are short sold.

Institutional Investors Weigh In On HUYA

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Loomis Sayles & Co. L P lifted its holdings in shares of HUYA by 327.0% in the 2nd quarter. Loomis Sayles & Co. L P now owns 10,273 shares of the company’s stock valued at $36,000 after buying an additional 7,867 shares during the period. Vident Advisory LLC raised its position in HUYA by 39.5% during the first quarter. Vident Advisory LLC now owns 17,624 shares of the company’s stock valued at $57,000 after acquiring an additional 4,993 shares in the last quarter. Nuveen LLC acquired a new position in HUYA in the first quarter valued at approximately $220,000. SG Americas Securities LLC lifted its holdings in HUYA by 92.1% in the third quarter. SG Americas Securities LLC now owns 85,796 shares of the company’s stock valued at $286,000 after acquiring an additional 41,138 shares during the period. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of HUYA during the 1st quarter worth approximately $325,000. 23.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HUYA has been the subject of several analyst reports. HSBC upgraded HUYA from a “hold” rating to a “buy” rating and set a $3.50 price objective for the company in a report on Wednesday, November 5th. Hsbc Global Res raised HUYA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 5th. Weiss Ratings restated a “sell (d-)” rating on shares of HUYA in a research note on Monday. Finally, Zacks Research raised shares of HUYA to a “hold” rating in a research report on Monday, September 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $3.50.

HUYA Stock Performance

Shares of HUYA opened at $2.89 on Friday. The stock has a 50-day moving average of $2.87 and a two-hundred day moving average of $3.15. The stock has a market cap of $645.65 million, a P/E ratio of -32.11 and a beta of 0.80. HUYA has a one year low of $2.21 and a one year high of $4.59.

HUYA (NYSE:HUYA) last announced its quarterly earnings data on Wednesday, November 12th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of $0.01 by $0.01. The business had revenue of $215.93 million during the quarter, compared to analysts’ expectations of $1.69 billion. HUYA had a negative net margin of 2.63% and a positive return on equity of 0.73%. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.34 EPS. Analysts predict that HUYA will post 0.16 EPS for the current fiscal year.

About HUYA

HUYA Inc is a leading interactive live streaming platform based in Guangzhou, China, primarily focused on video game and esports content. The company operates a proprietary technology platform that enables users to broadcast and view live gameplay, participate in real-time chat, and engage with hosts through virtual gifting. Its services are accessible via web browsers, desktop applications and mobile apps for both iOS and Android.

At the core of HUYA’s business are user-generated live streams hosted by professional gamers, influencers and esports organizations.