Viomi Technology Co., Ltd (NASDAQ:VIOT) Sees Large Increase in Short Interest

Viomi Technology Co., Ltd (NASDAQ:VIOT) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 38,800 shares, a growth of 125.6% from the October 31st total of 17,200 shares. Based on an average trading volume of 193,400 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Viomi Technology

An institutional investor recently bought a new position in Viomi Technology stock. Public Employees Retirement System of Ohio purchased a new stake in Viomi Technology Co., Ltd (NASDAQ:VIOT) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 31,648 shares of the company’s stock, valued at approximately $49,000. 1.22% of the stock is currently owned by hedge funds and other institutional investors.

Viomi Technology Trading Down 7.2 %

Shares of VIOT stock traded down $0.13 during trading hours on Friday, hitting $1.67. The company had a trading volume of 615,937 shares, compared to its average volume of 182,725. The firm’s fifty day moving average is $1.47 and its 200 day moving average is $1.20. Viomi Technology has a 12 month low of $0.50 and a 12 month high of $1.94. The company has a current ratio of 1.79, a quick ratio of 1.49 and a debt-to-equity ratio of 0.07.

Viomi Technology Company Profile

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.