Zhihu Inc. Sponsored ADR (NYSE:ZH) Sees Significant Increase in Short Interest

Zhihu Inc. Sponsored ADR (NYSE:ZH) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 940,021 shares, a growth of 16.6% from the February 12th total of 806,006 shares. Based on an average trading volume of 251,320 shares, the short-interest ratio is currently 3.7 days. Currently, 1.2% of the company’s stock are sold short. Currently, 1.2% of the company’s stock are sold short. Based on an average trading volume of 251,320 shares, the short-interest ratio is currently 3.7 days.

Hedge Funds Weigh In On Zhihu

A hedge fund recently bought a new stake in Zhihu stock. Ameriprise Financial Inc. purchased a new position in Zhihu Inc. Sponsored ADR (NYSE:ZH) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 25,006 shares of the company’s stock, valued at approximately $100,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Zhihu Trading Down 2.1%

Shares of NYSE:ZH opened at $3.02 on Thursday. The stock has a fifty day simple moving average of $3.49 and a two-hundred day simple moving average of $3.96. Zhihu has a 12-month low of $3.01 and a 12-month high of $5.55. The stock has a market capitalization of $265.89 million, a price-to-earnings ratio of 18.84 and a beta of 0.26.

Analyst Ratings Changes

ZH has been the subject of a number of research analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Zhihu in a research note on Monday, December 29th. Wall Street Zen upgraded Zhihu from a “sell” rating to a “hold” rating in a report on Sunday, December 28th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Zhihu Company Profile

Zhihu is China’s leading online question-and-answer platform, providing a space where users can ask questions, share knowledge, and engage with content across science, technology, business, culture, and lifestyle. Founded in 2011 and headquartered in Beijing, Zhihu has cultivated a community-driven environment that emphasizes credible, in-depth answers from experts, professionals, and enthusiasts.

The company’s core service revolves around its Q&A platform, enabling registered users to post questions and receive comprehensive responses.