Short Interest in iHuman Inc. Sponsored ADR (NYSE:IH) Drops By 69.5%

iHuman Inc. Sponsored ADR (NYSE:IH) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 2,209 shares, a decline of 69.5% from the May 31st total of 7,240 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 27,417 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On iHuman

A hedge fund recently bought a new stake in iHuman stock. Acadian Asset Management LLC purchased a new position in shares of iHuman Inc. Sponsored ADR (NYSE:IH) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,067 shares of the company’s stock, valued at approximately $32,000. 4.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of iHuman in a report on Friday, April 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

iHuman Trading Up 3.6%

Shares of IH stock opened at $1.45 on Tuesday. The business’s 50 day moving average is $1.59 and its two-hundred day moving average is $1.79. iHuman has a twelve month low of $1.33 and a twelve month high of $3.60. The company has a market capitalization of $74.11 million, a P/E ratio of 5.80 and a beta of 0.14.

iHuman (NYSE:IH) last announced its quarterly earnings data on Tuesday, March 31st. The company reported $0.04 EPS for the quarter. iHuman had a net margin of 11.80% and a return on equity of 9.79%. The company had revenue of $27.25 million during the quarter.

About iHuman

iHuman Inc provides intellectual development products to individual users, kindergartens, and distributors in the People’s Republic of China. The company offers interactive and self-directed learning apps, including iHuman Chinese, iHuman ABC, iHuman Pinyin, iHuman Magic Thinking, iHuman Books, iHuman Stories, iHuman Reading, iHumanpedia, iHuman Kids Workout, iHuman Coding, iHuman Fun Idioms, iHuman Little Artists, iHuman Writing, iHuman Fantastic Friends, and iHuman Readers; bekids Coding, bekids Coloring, bekids Reading, bekids Puzzle, bekids Academy, and Gogo Town; and Aha World, an open-ended interactive app that nurtures a desire for discovery.