Viomi Technology Co., Ltd (NASDAQ:VIOT) Short Interest Up 135.4% in February

Viomi Technology Co., Ltd (NASDAQ:VIOT) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 18,600 shares, an increase of 135.4% from the February 13th total of 7,900 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 133,000 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Viomi Technology

Hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio acquired a new stake in shares of Viomi Technology in the third quarter valued at approximately $49,000. Renaissance Technologies LLC lifted its position in shares of Viomi Technology by 50.8% in the fourth quarter. Renaissance Technologies LLC now owns 143,764 shares of the company’s stock valued at $210,000 after buying an additional 48,400 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Viomi Technology in the fourth quarter valued at approximately $26,000. 1.22% of the stock is owned by institutional investors and hedge funds.

Viomi Technology Stock Performance

VIOT opened at $1.88 on Friday. Viomi Technology has a 12-month low of $0.50 and a 12-month high of $2.33. The stock has a market cap of $128.26 million, a price-to-earnings ratio of 31.33 and a beta of 0.64. The business has a 50 day moving average of $1.50 and a 200-day moving average of $1.49. The company has a quick ratio of 1.49, a current ratio of 1.79 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.