UTime Limited (NASDAQ:WTO) Short Interest Down 47.9% in January

UTime Limited (NASDAQ:WTO) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 329,000 shares, a decline of 47.9% from the December 31st total of 631,300 shares. Based on an average trading volume of 1,100,000 shares, the short-interest ratio is currently 0.3 days. Currently, 1.8% of the shares of the stock are sold short.

UTime Stock Down 0.4 %

Shares of NASDAQ WTO opened at $0.29 on Friday. UTime has a 1-year low of $0.24 and a 1-year high of $62.25. The company has a 50-day moving average of $0.32 and a two-hundred day moving average of $7.80.

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.