Short Interest in Zepp Health Corporation Sponsored ADR (NYSE:ZEPP) Increases By 30.0%

Key Points

• Short interest in Zepp Health Corporation (NYSE:ZEPP) increased by 30.0% in August, totaling 910,700 shares, which represents 12.9% of the company's shares sold short.
• Analyst ratings for Zepp Health show a consensus of a "Buy" with a price target of $60.23.
• As of the latest trading, Zepp Health's stock price opened at $46.65, with a market cap of $676.43 million and a PE ratio of -9.66.

Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 910,700 shares, a growth of 30.0% from the August 15th total of 700,500 shares. Based on an average daily volume of 734,400 shares, the short-interest ratio is currently 1.2 days. Approximately 12.9% of the company's stock are sold short. Approximately 12.9% of the company's stock are sold short. Based on an average daily volume of 734,400 shares, the short-interest ratio is currently 1.2 days.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ZEPP shares. Fundamental Research set a $60.23 target price on shares of Zepp Health and gave the company a "buy" rating in a report on Tuesday, August 26th. Wall Street Zen upgraded shares of Zepp Health to a "hold" rating in a report on Saturday, August 16th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Zepp Health presently has an average rating of "Buy" and a consensus price target of $60.23.

Zepp Health Stock Performance

Shares of ZEPP stock traded up $1.50 during mid-day trading on Friday, reaching $47.90. 215,497 shares of the company's stock traded hands, compared to its average volume of 431,766. The firm has a market capitalization of $694.55 million, a PE ratio of -9.92 and a beta of 1.33. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.78 and a current ratio of 1.10. The firm has a 50 day moving average price of $32.02 and a two-hundred day moving average price of $12.92. Zepp Health has a 12 month low of $2.13 and a 12 month high of $55.99.

Zepp Health Company Profile

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.