National Bank of Canada FI Has $858,000 Position in Zhihu Inc. Sponsored ADR $ZH

Key Points

• National Bank of Canada FI significantly increased its stake in Zhihu Inc. by 20,090,000.0%, holding 200,901 shares worth $858,000 as of the end of the first quarter.
• Other hedge funds have also increased positions in Zhihu, with New York State Common Retirement Fund raising its stake by 64.7% during the same period.
• Zhihu's stock is currently priced at $4.19, with a market capitalization of $365.87 million and a P/E ratio of -209.50.

National Bank of Canada FI grew its holdings in Zhihu Inc. Sponsored ADR (NYSE:ZH - Free Report) by 20,090,000.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 200,901 shares of the company's stock after acquiring an additional 200,900 shares during the quarter. National Bank of Canada FI owned 0.23% of Zhihu worth $858,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Wolverine Trading LLC bought a new stake in shares of Zhihu in the fourth quarter valued at approximately $38,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Zhihu during the first quarter worth $55,000. Russell Investments Group Ltd. acquired a new stake in Zhihu during the fourth quarter worth $67,000. New York State Common Retirement Fund boosted its stake in Zhihu by 64.7% during the first quarter. New York State Common Retirement Fund now owns 52,144 shares of the company's stock worth $223,000 after buying an additional 20,478 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in Zhihu during the fourth quarter worth $242,000. 28.92% of the stock is owned by institutional investors.

Zhihu Stock Up 1.3%

ZH traded up $0.0630 during trading on Thursday, reaching $4.9530. 739,701 shares of the company's stock were exchanged, compared to its average volume of 331,894. Zhihu Inc. Sponsored ADR has a fifty-two week low of $3.03 and a fifty-two week high of $6.32. The business has a 50 day moving average price of $4.34 and a 200 day moving average price of $4.31. The company has a market capitalization of $432.50 million, a P/E ratio of -247.65 and a beta of 0.21.

Zhihu Profile

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.