UTime Limited (NASDAQ:WTO) Short Interest Up 326.6% in December

UTime Limited (NASDAQ:WTO) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 631,300 shares, an increase of 326.6% from the November 30th total of 148,000 shares. Approximately 3.5% of the shares of the company are sold short. Based on an average daily volume of 1,060,000 shares, the short-interest ratio is presently 0.6 days.

UTime Price Performance

Shares of NASDAQ WTO opened at $0.31 on Friday. The firm’s 50-day moving average price is $0.36 and its two-hundred day moving average price is $10.74. UTime has a 52-week low of $0.24 and a 52-week high of $62.25.

UTime Company Profile

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.