Viomi Technology Co., Ltd (NASDAQ:VIOT) Short Interest Update

Viomi Technology Co., Ltd (NASDAQ:VIOT) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 18,600 shares, an increase of 135.4% from the February 13th total of 7,900 shares. Based on an average daily trading volume, of 133,000 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Viomi Technology Stock Up 18.0 %

Viomi Technology stock opened at $2.16 on Thursday. The company has a current ratio of 1.79, a quick ratio of 1.49 and a debt-to-equity ratio of 0.07. The firm’s fifty day moving average price is $1.48 and its two-hundred day moving average price is $1.48. The firm has a market capitalization of $147.36 million, a price-to-earnings ratio of 36.00 and a beta of 0.64. Viomi Technology has a 1-year low of $0.50 and a 1-year high of $2.22.

Hedge Funds Weigh In On Viomi Technology

A number of hedge funds have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio bought a new position in shares of Viomi Technology in the third quarter valued at approximately $49,000. Virtu Financial LLC purchased a new stake in Viomi Technology in the 4th quarter valued at $26,000. Finally, Renaissance Technologies LLC lifted its stake in Viomi Technology by 50.8% during the 4th quarter. Renaissance Technologies LLC now owns 143,764 shares of the company’s stock valued at $210,000 after acquiring an additional 48,400 shares in the last quarter. Institutional investors and hedge funds own 1.22% of the company’s stock.

About Viomi Technology

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.