Viomi Technology Co., Ltd (NASDAQ:VIOT) Short Interest Down 53.9% in December

Viomi Technology Co., Ltd (NASDAQ:VIOT) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 17,700 shares, a decline of 53.9% from the November 30th total of 38,400 shares. Based on an average trading volume of 214,500 shares, the days-to-cover ratio is currently 0.1 days.

Viomi Technology Trading Down 6.2 %

Shares of VIOT traded down $0.09 during trading hours on Friday, hitting $1.37. 216,205 shares of the stock traded hands, compared to its average volume of 186,987. The business has a fifty day moving average of $1.46 and a 200-day moving average of $1.31. The company has a current ratio of 1.79, a quick ratio of 1.49 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $93.46 million, a PE ratio of 11.42 and a beta of 0.70. Viomi Technology has a 1-year low of $0.50 and a 1-year high of $1.94.

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 purchased a new stake in Viomi Technology Co., Ltd (NASDAQ:VIOT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 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 Company Profile

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.