UTime Limited (NASDAQ:WTO) Short Interest Update

UTime Limited (NASDAQ:WTO) was the target of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 247,000 shares, a drop of 48.9% from the October 31st total of 483,700 shares. Approximately 1.4% of the company’s shares are sold short. Based on an average trading volume of 3,290,000 shares, the days-to-cover ratio is presently 0.1 days.

UTime Price Performance

Shares of WTO stock opened at $0.34 on Friday. UTime has a 12-month low of $0.30 and a 12-month high of $62.25. The firm has a fifty day moving average of $0.41 and a 200-day moving average of $12.35.

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.