Short Interest in iHuman Inc. Sponsored ADR (NYSE:IH) Drops By 93.5%

Key Points

• iHuman Inc. experienced a significant reduction in short interest, dropping to just 200 shares as of August 31, a decline of 93.5% from earlier in the month.
• Recent institutional activity includes Virtu Financial and Acadian Asset Management each acquiring new positions in iHuman, while Citadel Advisors increased its stake by 24.3%.
• iHuman's stock price rose 0.7% to $2.93, with its market cap currently at $152.37 million.

iHuman Inc. Sponsored ADR (NYSE:IH - Get Free Report) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 200 shares, a decline of 93.5% from the August 15th total of 3,100 shares. Based on an average trading volume of 31,600 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 31,600 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of iHuman

Large investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC boosted its position in shares of iHuman by 24.3% in the fourth quarter. Citadel Advisors LLC now owns 47,683 shares of the company's stock worth $81,000 after purchasing an additional 9,314 shares during the period. Virtu Financial LLC bought a new position in shares of iHuman in the first quarter worth approximately $26,000. Finally, Acadian Asset Management LLC bought a new position in shares of iHuman in the first quarter worth approximately $32,000. 4.92% of the stock is currently owned by institutional investors.

iHuman Stock Performance

Shares of IH stock traded down $0.09 during trading hours on Tuesday, reaching $2.96. The company had a trading volume of 26,279 shares, compared to its average volume of 17,190. The business has a fifty day moving average price of $2.79 and a 200-day moving average price of $2.46. iHuman has a one year low of $1.47 and a one year high of $3.60. The firm has a market cap of $153.98 million, a PE ratio of 10.96 and a beta of 0.39.

iHuman (NYSE:IH - Get Free Report) last posted its quarterly earnings data on Thursday, June 26th. The company reported $0.07 earnings per share (EPS) for the quarter. The company had revenue of $29.00 million for the quarter. iHuman had a net margin of 11.44% and a return on equity of 11.00%.

iHuman Company Profile

iHuman Inc provides intellectual development products to individual users, kindergartens, and distributors in the People's Republic of China. The company offers interactive and self-directed learning apps, including iHuman Chinese, iHuman ABC, iHuman Pinyin, iHuman Magic Thinking, iHuman Books, iHuman Stories, iHuman Reading, iHumanpedia, iHuman Kids Workout, iHuman Coding, iHuman Fun Idioms, iHuman Little Artists, iHuman Writing, iHuman Fantastic Friends, and iHuman Readers; bekids Coding, bekids Coloring, bekids Reading, bekids Puzzle, bekids Academy, and Gogo Town; and Aha World, an open-ended interactive app that nurtures a desire for discovery.