Short Interest in Huize Holding Limited (NASDAQ:HUIZ) Declines By 6.1%

Huize Holding Limited (NASDAQ:HUIZ) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 156,900 shares, a drop of 6.1% from the March 15th total of 167,100 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 32,800 shares, the days-to-cover ratio is presently 4.8 days.

Huize Trading Up 1.7 %

Shares of HUIZ stock traded up $0.01 on Wednesday, reaching $0.60. The company’s stock had a trading volume of 2,101 shares, compared to its average volume of 31,301. The stock’s fifty day simple moving average is $0.67 and its 200-day simple moving average is $0.81. Huize has a 1 year low of $0.53 and a 1 year high of $2.08. The company has a market capitalization of $30.70 million, a price-to-earnings ratio of 2.95 and a beta of 0.51.

Huize (NASDAQ:HUIZ) last posted its earnings results on Wednesday, March 20th. The company reported $0.05 earnings per share for the quarter. Huize had a net margin of 5.88% and a return on equity of 18.42%. The firm had revenue of $33.24 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Huize stock. Citadel Advisors LLC boosted its position in shares of Huize Holding Limited (NASDAQ:HUIZ) by 86.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,947 shares of the company’s stock after buying an additional 14,824 shares during the quarter. Citadel Advisors LLC owned 0.06% of Huize worth $27,000 as of its most recent filing with the Securities & Exchange Commission.

Huize Company Profile

Huize Holding Limited, together with its subsidiaries, offers insurance brokerage services in the People's Republic of China. The company provides life and health insurance products, such as critical illness, illness and disease, and term and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products.