Waterdrop Inc. (NYSE:WDH) Short Interest Down 26.5% in January

Waterdrop Inc. (NYSE:WDH) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 167,400 shares, a decrease of 26.5% from the January 15th total of 227,800 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 200,700 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Waterdrop

Several large investors have recently added to or reduced their stakes in the company. IDG China Capital Fund III Associates L.P. acquired a new position in Waterdrop in the fourth quarter valued at approximately $6,760,000. Baader Bank Aktiengesellschaft lifted its holdings in Waterdrop by 1,198.2% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 1,291,585 shares of the company’s stock valued at $1,524,000 after buying an additional 1,192,092 shares during the period. Finally, Catalina Capital Group LLC acquired a new position in Waterdrop in the fourth quarter valued at approximately $27,000. 1.96% of the stock is owned by institutional investors.

Waterdrop Trading Up 3.2 %

NYSE:WDH traded up $0.04 during mid-day trading on Friday, hitting $1.31. The company’s stock had a trading volume of 292,271 shares, compared to its average volume of 126,120. Waterdrop has a fifty-two week low of $0.97 and a fifty-two week high of $1.53. The company has a market capitalization of $483.06 million, a price-to-earnings ratio of 10.88 and a beta of -0.25. The stock has a fifty day moving average of $1.18 and a 200-day moving average of $1.14.

Waterdrop (NYSE:WDH) last posted its quarterly earnings results on Wednesday, December 11th. The company reported $0.05 earnings per share (EPS) for the quarter. Waterdrop had a net margin of 11.69% and a return on equity of 7.02%.

Waterdrop Company Profile

Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.