UTime Limited (NASDAQ:WTO) Short Interest Up 3,078.2% in April

UTime Limited (NASDAQ:WTO) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 174,800 shares, an increase of 3,078.2% from the March 31st total of 5,500 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average daily trading volume, of 629,700 shares, the short-interest ratio is currently 0.3 days.

UTime Price Performance

WTO opened at $0.27 on Friday. The firm has a 50 day moving average price of $0.24 and a 200-day moving average price of $0.25. UTime has a twelve month low of $0.13 and a twelve month high of $3.40.

About UTime

UTime Limited, together with its subsidiaries, designs, develops, manufactures, sells, and operates mobile phones, accessories, and related consumer electronics. The company offers consumer electronics, such as power banks, bluetooth speakers, batteries, chargers, cell phone parts, molds, and shells.