UTime Limited (NASDAQ:WTO) Short Interest Update

UTime Limited (NASDAQ:WTO) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 694,100 shares, a decline of 17.0% from the February 13th total of 836,000 shares. Based on an average daily trading volume, of 869,000 shares, the short-interest ratio is presently 0.8 days. Currently, 2.8% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in UTime stock. XTX Topco Ltd acquired a new position in UTime Limited (NASDAQ:WTO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 120,771 shares of the company’s stock, valued at approximately $38,000. XTX Topco Ltd owned 0.67% of UTime as of its most recent SEC filing. 1.07% of the stock is owned by hedge funds and other institutional investors.

UTime Trading Down 4.0 %

Shares of NASDAQ WTO opened at $0.20 on Wednesday. UTime has a 12-month low of $0.18 and a 12-month high of $62.25. The stock has a 50 day simple moving average of $0.27 and a 200-day simple moving average of $0.41.

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.