UTime Limited (NASDAQ:WTO) Short Interest Down 48.9% in November

UTime Limited (NASDAQ:WTO) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 247,000 shares, a drop of 48.9% from the October 31st total of 483,700 shares. Based on an average trading volume of 3,290,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.4% of the shares of the stock are sold short.

UTime Price Performance

Shares of NASDAQ WTO opened at $0.34 on Thursday. The business has a fifty day moving average of $0.42 and a two-hundred day moving average of $12.44. UTime has a 52-week low of $0.30 and a 52-week 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.