UTime Limited (NASDAQ:WTO) Short Interest Up 402.0% in June

UTime Limited (NASDAQ:WTO) saw a large increase in short interest in June. As of June 30th, there was short interest totalling 128,000 shares, an increase of 402.0% from the June 15th total of 25,500 shares. Based on an average daily volume of 705,200 shares, the short-interest ratio is presently 0.2 days. Currently, 0.9% of the company’s stock are sold short.

UTime Stock Performance

Shares of UTime stock traded up $0.06 on Thursday, hitting $1.00. The company had a trading volume of 148,973 shares, compared to its average volume of 407,082. UTime has a 1 year low of $0.13 and a 1 year high of $2.70. The stock has a 50 day moving average of $0.53 and a 200-day moving average of $0.34.

UTime Company Profile

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.