Huize Holding Limited (NASDAQ:HUIZ) Short Interest Update

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

Hedge Funds Weigh In On Huize

An institutional investor recently raised its position in Huize stock. Citadel Advisors LLC increased its holdings in shares of Huize Holding Limited (NASDAQ:HUIZ) by 86.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 31,947 shares of the company’s stock after purchasing an additional 14,824 shares during the quarter. Citadel Advisors LLC owned 0.06% of Huize worth $27,000 as of its most recent filing with the SEC.

Huize Stock Performance

Shares of HUIZ stock opened at $0.61 on Thursday. The firm has a market capitalization of $31.21 million, a price-to-earnings ratio of 3.05 and a beta of 0.51. The company has a 50 day moving average price of $0.67 and a 200 day moving average price of $0.81. Huize has a one year low of $0.53 and a one year high of $2.08.

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

About Huize

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.