UTime Limited (NASDAQ:WTO – Get Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 339,800 shares, an increase of 51.2% from the August 15th total of 224,800 shares. Approximately 1.9% of the company’s shares are short sold. Based on an average daily trading volume, of 1,990,000 shares, the short-interest ratio is currently 0.2 days.
UTime Stock Down 14.2 %
WTO stock opened at $0.66 on Friday. UTime has a one year low of $0.58 and a one year high of $62.25. The firm’s 50 day moving average price is $1.01 and its 200-day moving average price is $0.59.
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