() experienced a significant drop in short interest for the month of may. On May 31, there were 13,100 shorted shares. This is a drop of 40.2% compared to the total of 21,900 on May 15. The short-interest rate is 1.1 days based on a daily average trading volume of 12,000 stocks.
Institutional investors weigh in on iHuman
Recently, a hedge fund bought a stake in iHuman. According to the most recent Form 13F filed with the SEC, the institutional investor purchased 12,500 shares of the company's stock valued at approximately $33,000. The institutional investor bought 12,500 shares worth approximately $33,000. The stock fell $0.01 in Friday's trading, to $2.89. The company's shares were traded at 3,606 compared to the average of 25,464. The company's 50-day moving average is $3.12, and its two-hundred-day moving average is $3.02. The market cap is $154.82m, the P/E ratio is 9.63 and beta 0.25. iHuman's 52-week low was $1.34 while its 52-week high was $4.26.
The company last released its quarterly earnings on Friday, 31st March. The company reported $0.10 in earnings per share for the third quarter. Revenue for the quarter was $37.80 millions. iHuman's net margin was 10.98%, and its return on equity was 15.51 percent.
iHuman Inc. provides intellectual development products for individual users, kindergartens and distributors throughout the People's Republic of China. The company provides interactive and self directed learning apps including iHuman Chinese and iHuman ABC. It also offers iHuman Magic Thinking and iHuman Stories.
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