Viomi Technology Co., Ltd (NASDAQ:VIOT) Sees Large Decrease in Short Interest

Viomi Technology Co., Ltd (NASDAQ:VIOT) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 25,200 shares, a decline of 40.1% from the December 31st total of 42,100 shares. Based on an average daily trading volume, of 193,200 shares, the days-to-cover ratio is currently 0.1 days.

Viomi Technology Stock Down 7.8 %

NASDAQ:VIOT traded down $0.11 during mid-day trading on Friday, hitting $1.30. 204,837 shares of the company’s stock traded hands, compared to its average volume of 108,466. The company has a fifty day moving average of $1.48 and a 200 day moving average of $1.39. The company has a current ratio of 1.79, a quick ratio of 1.49 and a debt-to-equity ratio of 0.07. Viomi Technology has a twelve month low of $0.50 and a twelve month high of $1.94.

Hedge Funds Weigh In On Viomi Technology

An institutional investor recently bought a new position in Viomi Technology stock. Public Employees Retirement System of Ohio bought a new position in shares of Viomi Technology Co., Ltd (NASDAQ:VIOT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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.

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.