UTime Limited (NASDAQ:WTO) Short Interest Update

UTime Limited (NASDAQ:WTO) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 247,000 shares, a decrease of 48.9% from the October 31st total of 483,700 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average daily volume of 3,290,000 shares, the short-interest ratio is currently 0.1 days.

UTime Stock Performance

Shares of UTime stock opened at $0.34 on Friday. The stock’s 50-day moving average is $0.41 and its 200-day moving average is $12.35. UTime has a one year low of $0.30 and a one year high of $62.25.

About UTime

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.