Huize Holding Limited (NASDAQ:HUIZ) Short Interest Down 10.4% in November

Huize Holding Limited (NASDAQ:HUIZ) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 105,500 shares, a drop of 10.4% from the October 31st total of 117,700 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 28,300 shares, the days-to-cover ratio is currently 3.7 days.

Huize Stock Down 6.3 %

NASDAQ:HUIZ traded down $0.04 during mid-day trading on Monday, reaching $0.60. 21,365 shares of the company were exchanged, compared to its average volume of 35,624. Huize has a 12 month low of $0.43 and a 12 month high of $1.08. The company has a fifty day moving average of $0.77 and a 200 day moving average of $0.86. The stock has a market cap of $29.84 million, a PE ratio of 8.57 and a beta of 0.56.

Huize’s stock is going to reverse split on the morning of Monday, December 9th. The 1-5 reverse split was announced on Tuesday, November 19th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, December 6th.

Huize (NASDAQ:HUIZ) last issued its quarterly earnings data on Wednesday, September 25th. The company reported ($0.06) EPS for the quarter. Huize had a return on equity of 5.43% and a net margin of 1.96%. The company had revenue of $38.94 million for the quarter.

About Huize

Huize Holding Limited, together with its subsidiaries, offers online insurance product and service platform through various internet channels in the People's Republic of China. The company provides life and health insurance products, such as critical illness, illness and disease, annuity, and term and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products.