Short Interest in Zepp Health Corporation Sponsored ADR (NYSE:ZEPP) Grows By 157.6%

Key Points

• Short interest in Zepp Health Corporation rose by 157.6% in July, reaching a total of 308,600 shares from 119,800 shares in June.
• Analysts from Fundamental Research set a $13.87 price objective for Zepp Health and rated the stock as a "buy."
• The company's recent quarterly earnings showed a loss of ($1.13) per share with a revenue of $38.54 million.

Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 308,600 shares, agrowthof157.6% from the June 30th total of 119,800 shares. Based on an average trading volume of 453,900 shares, the days-to-cover ratio is presently 0.7 days. Approximately4.4% of the shares of the stock are short sold. Approximately4.4% of the shares of the stock are short sold. Based on an average trading volume of 453,900 shares, the days-to-cover ratio is presently 0.7 days.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a $13.87 price objective on Zepp Health and gave the stock a "buy" rating in a research note on Tuesday, April 22nd.

Zepp Health Stock Performance

Zepp Health stock opened at $12.98 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.14 and a quick ratio of 0.84. The stock has a fifty day moving average price of $5.87 and a two-hundred day moving average price of $3.88. Zepp Health has a 52-week low of $2.06 and a 52-week high of $15.85. The firm has a market capitalization of $188.21 million, a P/E ratio of -2.59 and a beta of 1.11.

Zepp Health (NYSE:ZEPP - Get Free Report) last released its quarterly earnings data on Monday, May 19th. The company reported ($1.13) earnings per share (EPS) for the quarter. Zepp Health had a negative return on equity of 23.60% and a negative net margin of 44.54%. The company had revenue of $38.54 million for the quarter.

About Zepp Health

Zepp Health Corporation operates as a smart wearable and health technology company worldwide. The company operates in two segments: Self-Branded Products and Others, and Xiaomi Wearable Products. It empowers users to live lives by optimizing health, fitness, and wellness journeys through its consumer brands, Amazfit, Zepp Clarity, and Zepp Aura.

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