Short Interest in WW International, Inc. (NASDAQ:WW) Increases By 73.9%

Key Points

• The short interest in WW International, Inc. increased by 73.9% in September, reaching a total of 328,000 shares as of September 30th.
• Analysts have given WW a consensus rating of "Reduce", with two analysts rating it as a Hold and one issuing a Sell rating.
• WW International reported an earnings per share (EPS) of ($0.47) for the last quarter, significantly missing the consensus estimate of $0.05 by $0.52.

WW International, Inc. (NASDAQ:WW - Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 328,000 shares, a growth of 73.9% from the September 15th total of 188,600 shares. Based on an average daily trading volume, of 285,200 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily trading volume, of 285,200 shares, the days-to-cover ratio is presently 1.2 days.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on WW. Morgan Stanley reissued an "equal weight" rating on shares of WW International in a research note on Friday, August 1st. CJS Securities began coverage on shares of WW International in a research note on Monday, September 15th. They issued a "market perform" rating on the stock. Wall Street Zen raised shares of WW International to a "hold" rating in a research note on Saturday, August 30th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of WW International in a research note on Tuesday, October 14th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Reduce".

WW International Stock Performance

Shares of NASDAQ WW opened at $29.40 on Tuesday. The firm has a market capitalization of $293.62 million, a P/E ratio of -5.08 and a beta of 1.30. WW International has a one year low of $23.01 and a one year high of $46.95. The company's fifty day moving average is $29.84 and its two-hundred day moving average is $17.67.

WW International (NASDAQ:WW - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.52). The business had revenue of $186.57 million for the quarter. On average, sell-side analysts forecast that WW International will post -0.06 earnings per share for the current fiscal year.

WW International Company Profile

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.

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