Short Interest in Viomi Technology Co., Ltd (NASDAQ:VIOT) Rises By 137.9%

Viomi Technology Co., Ltd (NASDAQ:VIOT) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 42,100 shares, an increase of 137.9% from the December 31st total of 17,700 shares. Based on an average trading volume of 194,100 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Viomi Technology

A hedge fund recently bought a new stake in Viomi Technology stock. Public Employees Retirement System of Ohio acquired a new position in shares of Viomi Technology Co., Ltd (NASDAQ:VIOT) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 31,648 shares of the company’s stock, valued at approximately $49,000. 1.22% of the stock is currently owned by institutional investors.

Viomi Technology Stock Performance

Shares of VIOT traded down $0.06 during midday trading on Thursday, hitting $1.41. 84,579 shares of the company’s stock traded hands, compared to its average volume of 118,583. The firm’s fifty day moving average is $1.49 and its 200-day moving average is $1.39. Viomi Technology has a 1 year low of $0.50 and a 1 year high of $1.94. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.49 and a current ratio of 1.79.

Viomi Technology Company Profile

Viomi Technology Co, Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising air conditioning systems, washing machines, water heaters, smart water kettles, sweeper robots, smart locks, and other smart devices, as well as blenders.