Short Interest in Viomi Technology Co., Ltd (NASDAQ:VIOT) Grows By 137.9%

Viomi Technology Co., Ltd (NASDAQ:VIOT) was the recipient 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 volume of 194,100 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Viomi Technology

A hedge fund recently bought a new stake in Viomi Technology stock. Public Employees Retirement System of Ohio purchased a new position in Viomi Technology Co., Ltd (NASDAQ:VIOT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 31,648 shares of the company’s stock, valued at approximately $49,000. Hedge funds and other institutional investors own 1.22% of the company’s stock.

Viomi Technology Stock Performance

NASDAQ:VIOT opened at $1.41 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.79 and a quick ratio of 1.49. Viomi Technology has a fifty-two week low of $0.50 and a fifty-two week high of $1.94. The business has a 50 day moving average price of $1.48 and a 200-day moving average price of $1.39.

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.