Short Interest in Zepp Health Corporation Sponsored ADR (NYSE:ZEPP) Rises 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) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 910,700 shares, an increase of 30.0% from the August 15th total of 700,500 shares. Based on an average daily volume of 734,400 shares, the days-to-cover ratio is presently 1.2 days. Currently, 12.9% of the shares of the company are sold short. Currently, 12.9% of the shares of the company are sold short. Based on an average daily volume of 734,400 shares, the days-to-cover ratio is presently 1.2 days.

Analyst Ratings Changes

ZEPP has been the topic of several research reports. Fundamental Research set a $60.23 price objective on shares of Zepp Health and gave the stock 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 investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $60.23.

Zepp Health Price Performance

NYSE:ZEPP opened at $46.65 on Wednesday. The firm has a market cap of $676.43 million, a PE ratio of -9.66 and a beta of 1.33. Zepp Health has a 12 month low of $2.13 and a 12 month high of $55.99. The company has a quick ratio of 0.78, a current ratio of 1.10 and a debt-to-equity ratio of 0.31. The company's 50-day moving average price is $29.64 and its two-hundred day moving average price is $12.07.

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.

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