Viomi Technology Co., Ltd (NASDAQ:VIOT) Short Interest Up 135.4% in February

Viomi Technology Co., Ltd (NASDAQ:VIOT) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 18,600 shares, an increase of 135.4% from the February 13th total of 7,900 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 133,000 shares, the days-to-cover ratio is presently 0.1 days.

Viomi Technology Stock Down 1.1 %

NASDAQ:VIOT opened at $1.88 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.49 and a current ratio of 1.79. The company has a market cap of $128.26 million, a PE ratio of 31.33 and a beta of 0.64. Viomi Technology has a 52-week low of $0.50 and a 52-week high of $2.33. The stock has a 50-day simple moving average of $1.50 and a 200 day simple moving average of $1.49.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Virtu Financial LLC bought a new position in shares of Viomi Technology during the fourth quarter worth about $26,000. Public Employees Retirement System of Ohio bought a new position in shares of Viomi Technology during the third quarter worth about $49,000. Finally, Renaissance Technologies LLC grew its holdings in shares of Viomi Technology by 50.8% during the fourth quarter. Renaissance Technologies LLC now owns 143,764 shares of the company’s stock worth $210,000 after buying an additional 48,400 shares in the last quarter. 1.22% of the stock is currently owned by institutional investors.

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.