Short Interest in Huami Corp (HMI) Grows By 73.1%

Huami Corp (NYSE:HMI) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 890,363 shares, an increase of 73.1% from the February 15th total of 514,457 shares. Based on an average daily volume of 113,365 shares, the days-to-cover ratio is presently 7.9 days.

Shares of HMI stock traded down $0.26 during trading on Friday, hitting $9.67. 52,267 shares of the company were exchanged, compared to its average volume of 304,340. Huami has a twelve month low of $9.58 and a twelve month high of $12.62.

How to Become a New Pot Stock Millionaire

Huami (NYSE:HMI) last posted its quarterly earnings results on Monday, March 26th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.74). The company had revenue of $115.68 million for the quarter.

Separately, Credit Suisse Group started coverage on shares of Huami in a report on Monday, March 5th. They set an “outperform” rating and a $15.40 price target for the company.

WARNING: “Short Interest in Huami Corp (HMI) Grows By 73.1%” was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this article on another site, it was copied illegally and republished in violation of U.S. and international copyright laws. The correct version of this article can be viewed at

Huami Company Profile

Huami Corp is engaged in developing smart wearable technology. The Company designs and develops biometric and activity data-driven fitness and smart watches. The Company markets its products under the brand name, Amazfit and is the sole partner for Xiaomi wearable products. The Amazfit range of products includes Amazfit BIP, Amazfit pace, Amazfit equator, Amazfit ARC, and accessories, such as sports bands, watch straps, ear buds, charging units, and core trackers.

Receive News & Ratings for Huami Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huami and related companies with's FREE daily email newsletter.

Leave a Reply