UTime Stock Scheduled to Reverse Split on Monday, March 31st (NASDAQ:WTO)

UTime Limited (NASDAQ:WTO) shares are going to reverse split before the market opens on Monday, March 31st. The 1-10 reverse split was announced on Wednesday, March 26th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, March 28th.

UTime Stock Up 1.9 %

NASDAQ:WTO traded up $0.00 on Thursday, hitting $0.17. The stock had a trading volume of 508,982 shares, compared to its average volume of 1,113,964. UTime has a 52 week low of $0.15 and a 52 week high of $62.25. The business’s fifty day moving average is $0.26 and its 200 day moving average is $0.36.

Institutional Trading of UTime

An institutional investor recently bought a new position in UTime stock. XTX Topco Ltd acquired a new stake in shares of UTime Limited (NASDAQ:WTO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 120,771 shares of the company’s stock, valued at approximately $38,000. XTX Topco Ltd owned about 0.67% of UTime at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.07% of the company’s stock.

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.