Waterdrop Inc. (NYSE:WDH) Short Interest Update

Waterdrop Inc. (NYSE:WDH) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 337,500 shares, a decline of 23.6% from the May 15th total of 441,700 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 426,900 shares, the days-to-cover ratio is currently 0.8 days.

Wall Street Analyst Weigh In

Separately, TheStreet upgraded shares of Waterdrop from a “d+” rating to a “c-” rating in a research report on Thursday, March 14th.

Waterdrop Trading Down 9.9 %

Shares of WDH traded down $0.13 during midday trading on Friday, hitting $1.18. The stock had a trading volume of 750,147 shares, compared to its average volume of 337,421. Waterdrop has a fifty-two week low of $0.94 and a fifty-two week high of $2.58. The company has a current ratio of 4.07, a quick ratio of 4.07 and a debt-to-equity ratio of 0.01. The firm has a market cap of $436.79 million, a P/E ratio of 19.67 and a beta of -0.23. The business has a 50-day simple moving average of $1.28 and a two-hundred day simple moving average of $1.18.

Waterdrop (NYSE:WDH) last posted its quarterly earnings results on Tuesday, March 26th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $92.87 million for the quarter. Waterdrop had a return on equity of 4.21% and a net margin of 7.28%.

Waterdrop Announces Dividend

The company also recently declared a — dividend, which was paid on Friday, May 3rd. Stockholders of record on Friday, April 19th were issued a dividend of $0.032 per share. The ex-dividend date was Thursday, April 18th.

About Waterdrop

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.