Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT – Get Free Report) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 14,756 shares, a drop of 62.9% from the April 30th total of 39,778 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 152,079 shares, the days-to-cover ratio is presently 0.1 days.
Hedge Funds Weigh In On Viomi Technology
Several institutional investors have recently bought and sold shares of the company. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of Viomi Technology during the fourth quarter worth about $28,000. Bank of America Corp DE acquired a new stake in Viomi Technology during the 1st quarter worth approximately $34,000. Jane Street Group LLC purchased a new position in Viomi Technology in the 4th quarter valued at approximately $47,000. Sei Investments Co. purchased a new position in Viomi Technology in the 3rd quarter valued at approximately $59,000. Finally, Virtu Financial LLC acquired a new position in shares of Viomi Technology in the third quarter worth $72,000. 1.22% of the stock is owned by institutional investors and hedge funds.
Viomi Technology Stock Down 1.9%
NASDAQ:VIOT opened at $0.95 on Monday. Viomi Technology has a 52 week low of $0.87 and a 52 week high of $4.33. The stock’s fifty day moving average is $1.04 and its two-hundred day moving average is $1.53. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.43 and a current ratio of 2.60.
Viomi Technology Dividend Announcement
Analyst Ratings Changes
Separately, Wall Street Zen lowered Viomi Technology from a “hold” rating to a “sell” rating in a research note on Saturday, April 25th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.
Get Our Latest Analysis on Viomi Technology
About Viomi Technology
Viomi Technology Co, Ltd. (NASDAQ: VIOT) is a China-based provider of smart home appliances and Internet of Things (IoT) solutions. The company develops, manufactures and markets a wide range of connected home products, including water purifiers, water dispensers, washing machines, refrigerators, ovens, air conditioners and kitchen appliances. By integrating hardware design with proprietary software and cloud-based services, Viomi delivers automated control, remote monitoring and data analytics to enhance user convenience, energy efficiency and home safety.
At the core of Viomi’s offerings is its open IoT platform, which supports device interconnectivity and cross-brand compatibility.
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