UTime Limited (NASDAQ:WTO – Get Free Report) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 339,800 shares, an increase of 51.2% from the August 15th total of 224,800 shares. Based on an average daily volume of 1,990,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 1.9% of the shares of the stock are sold short.
UTime Stock Performance
Shares of WTO opened at $0.66 on Monday. The company’s fifty day moving average is $1.01 and its 200 day moving average is $0.60. UTime has a fifty-two week low of $0.58 and a fifty-two week high of $62.25.
UTime Company Profile
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