UTime Limited (NASDAQ:WTO) Short Interest Update

UTime Limited (NASDAQ:WTO) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 493,100 shares, a growth of 49.9% from the December 31st total of 329,000 shares. Based on an average daily volume of 998,300 shares, the days-to-cover ratio is currently 0.5 days. Currently, 2.7% of the company’s stock are sold short.

UTime Stock Performance

UTime stock opened at $0.29 on Friday. The firm’s fifty day simple moving average is $0.32 and its 200-day simple moving average is $7.80. UTime has a 1-year low of $0.24 and a 1-year 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.