UTime Limited (NASDAQ:WTO) Short Interest Update

UTime Limited (NASDAQ:WTO) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 631,300 shares, an increase of 326.6% from the November 30th total of 148,000 shares. Currently, 3.5% of the company’s stock are short sold. Based on an average daily trading volume, of 1,060,000 shares, the short-interest ratio is currently 0.6 days.

UTime Price Performance

Shares of NASDAQ WTO opened at $0.32 on Friday. The business’s 50 day moving average price is $0.35 and its two-hundred day moving average price is $10.65. UTime has a twelve month low of $0.24 and a twelve month high of $62.25.

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.