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

Viomi Technology Co., Ltd (NASDAQ:VIOT) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 42,100 shares, a growth of 137.9% from the December 31st total of 17,700 shares. Based on an average daily trading volume, of 194,100 shares, the days-to-cover ratio is presently 0.2 days.

Viomi Technology Stock Down 0.7 %

NASDAQ VIOT traded down $0.01 on Wednesday, hitting $1.45. 9,723 shares of the company were exchanged, compared to its average volume of 117,615. 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 has a 1-year low of $0.50 and a 1-year high of $1.94. The firm has a 50 day moving average of $1.49 and a two-hundred day moving average of $1.39.

Hedge Funds Weigh In On Viomi Technology

A hedge fund recently bought a new stake in Viomi Technology stock. Public Employees Retirement System of Ohio acquired a new position in Viomi Technology Co., Ltd (NASDAQ:VIOT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 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.

About Viomi Technology

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.