Short Interest in WW International, Inc. (NASDAQ:WW) Expands By 23.6%

WW International, Inc. (NASDAQ:WW) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 17,560,000 shares, a growth of 23.6% from the February 13th total of 14,210,000 shares. Based on an average trading volume of 3,500,000 shares, the short-interest ratio is currently 5.0 days. Approximately 23.9% of the company’s shares are sold short.

WW International Trading Up 19.7 %

WW International stock opened at $0.64 on Wednesday. The stock has a fifty day moving average price of $0.89 and a 200 day moving average price of $1.04. WW International has a 52 week low of $0.38 and a 52 week high of $2.53. The firm has a market capitalization of $51.26 million, a P/E ratio of -0.11 and a beta of 1.83.

WW International (NASDAQ:WW) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.31. The company had revenue of $184.41 million for the quarter, compared to analyst estimates of $173.23 million. During the same period in the prior year, the company earned ($1.11) EPS. As a group, equities analysts predict that WW International will post -0.06 EPS for the current year.

Hedge Funds Weigh In On WW International

An institutional investor recently bought a new position in WW International stock. Quinn Opportunity Partners LLC acquired a new position in shares of WW International, Inc. (NASDAQ:WW) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $127,000. Quinn Opportunity Partners LLC owned about 0.13% of WW International as of its most recent SEC filing. Hedge funds and other institutional investors own 86.18% of the company’s stock.

WW International Company Profile

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.