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

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

Institutional Trading of WW International

A hedge fund recently bought a new stake in WW International stock. Quinn Opportunity Partners LLC bought a new stake in WW International, Inc. (NASDAQ:WW) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 100,000 shares of the company’s stock, valued at approximately $127,000. Quinn Opportunity Partners LLC owned approximately 0.13% of WW International at the end of the most recent quarter. 86.18% of the stock is currently owned by institutional investors.

WW International Trading Up 19.7 %

Shares of WW opened at $0.64 on Wednesday. WW International has a 12-month low of $0.38 and a 12-month high of $2.53. The stock has a market cap of $51.26 million, a P/E ratio of -0.11 and a beta of 1.83. The company has a 50-day moving average of $0.89 and a two-hundred day moving average of $1.04.

WW International (NASDAQ:WW) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter in the prior year, the firm earned ($1.11) earnings per share. As a group, analysts forecast that WW International will post -0.06 EPS for the current fiscal year.

About WW International

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.