Short Interest in Viomi Technology Co., Ltd (NASDAQ:VIOT) Increases By 125.6%

Viomi Technology Co., Ltd (NASDAQ:VIOT) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 38,800 shares, an increase of 125.6% from the October 31st total of 17,200 shares. Based on an average daily volume of 193,400 shares, the days-to-cover ratio is currently 0.2 days.

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 bought a new stake in Viomi Technology Co., Ltd (NASDAQ:VIOT) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 31,648 shares of the company’s stock, valued at approximately $49,000. Institutional investors and hedge funds own 1.22% of the company’s stock.

Viomi Technology Stock Down 7.2 %

VIOT stock traded down $0.13 during trading on Friday, hitting $1.67. The company had a trading volume of 615,937 shares, compared to its average volume of 182,725. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.49 and a current ratio of 1.79. Viomi Technology has a one year low of $0.50 and a one year high of $1.94. The business has a 50-day moving average of $1.47 and a 200-day moving average of $1.20.

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.