Jane Street Group LLC reduced its position in Zhihu Inc. (NYSE:ZH - Free Report) by 80.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,406 shares of the company's stock after selling 140,975 shares during the quarter. Jane Street Group LLC's holdings in Zhihu were worth $122,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. FIL Ltd acquired a new stake in shares of Zhihu in the fourth quarter valued at $454,000. Russell Investments Group Ltd. acquired a new stake in shares of Zhihu in the fourth quarter valued at $67,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Zhihu by 172.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 603,673 shares of the company's stock valued at $2,137,000 after buying an additional 382,039 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Zhihu by 55.1% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 81,433 shares of the company's stock valued at $288,000 after buying an additional 28,943 shares in the last quarter. Finally, E Fund Management Co. Ltd. increased its stake in shares of Zhihu by 83.1% in the fourth quarter. E Fund Management Co. Ltd. now owns 150,848 shares of the company's stock valued at $534,000 after buying an additional 68,458 shares in the last quarter. 28.92% of the stock is owned by institutional investors.
Zhihu Price Performance
Shares of NYSE:ZH traded up $0.02 during midday trading on Wednesday, reaching $4.04. The company's stock had a trading volume of 186,956 shares, compared to its average volume of 452,351. The business's fifty day simple moving average is $3.86 and its 200-day simple moving average is $4.04. The company has a market capitalization of $352.76 million, a P/E ratio of -7.21 and a beta of 0.17. Zhihu Inc. has a fifty-two week low of $2.55 and a fifty-two week high of $6.32.
Zhihu (NYSE:ZH - Get Free Report) last posted its earnings results on Wednesday, March 26th. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $117.71 million during the quarter. Zhihu had a negative return on equity of 8.01% and a negative net margin of 9.28%.
Zhihu Profile
(
Free Report)
Zhihu Inc operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.
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