Lizhi Inc. (NASDAQ:LIZI) Short Interest Update

Lizhi Inc. (NASDAQ:LIZIGet Rating) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 715,500 shares, a growth of 24.6% from the May 15th total of 574,200 shares. Currently, 1.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 376,700 shares, the short-interest ratio is currently 1.9 days.

NASDAQ LIZI opened at $1.04 on Friday. The stock has a market capitalization of $52.75 million, a P/E ratio of -8.67 and a beta of 1.39. Lizhi has a 1 year low of $0.87 and a 1 year high of $7.80. The business’s fifty day moving average is $1.21 and its two-hundred day moving average is $1.45.

Lizhi (NASDAQ:LIZIGet Rating) last posted its quarterly earnings results on Thursday, May 26th. The company reported $0.05 earnings per share (EPS) for the quarter. The company had revenue of $81.51 million for the quarter. Lizhi had a negative return on equity of 15.40% and a negative net margin of 1.87%.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Invesco Ltd. increased its holdings in shares of Lizhi by 40.1% in the third quarter. Invesco Ltd. now owns 19,515 shares of the company’s stock valued at $62,000 after buying an additional 5,586 shares in the last quarter. Citigroup Inc. raised its stake in Lizhi by 7.5% during the 4th quarter. Citigroup Inc. now owns 103,183 shares of the company’s stock valued at $191,000 after purchasing an additional 7,236 shares during the period. BlackRock Inc. acquired a new stake in Lizhi during the 3rd quarter valued at $37,000. Jane Street Group LLC acquired a new stake in Lizhi during the 1st quarter valued at $29,000. Finally, Millennium Management LLC raised its stake in Lizhi by 17.9% during the 4th quarter. Millennium Management LLC now owns 135,842 shares of the company’s stock valued at $251,000 after purchasing an additional 20,607 shares during the period. 3.04% of the stock is currently owned by institutional investors.

Lizhi Company Profile (Get Rating)

LIZHI INC. operates an audio entertainment and social networking platform in the People's Republic of China. It provides podcasts, live streaming, and audio entertainment products. The company offers Lizhi app, an audio entertainment platform that offers interactive audio experience, as well as audio entertainment content, such as social, talk show, music, ACG, and audio book content; Tiya App, an audio-based social networking product; and LIZHI Podcast, a podcast app to provide curated podcast content.

Further Reading

Want More Great Investing Ideas?

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