Viomi Technology Co., Ltd (NASDAQ:VIOT) Short Interest Up 137.9% in December

Viomi Technology Co., Ltd (NASDAQ:VIOT) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 42,100 shares, a growth of 137.9% from the December 15th total of 17,700 shares. Based on an average trading volume of 194,100 shares, the short-interest ratio is currently 0.2 days.

Viomi Technology Stock Down 9.4 %

Viomi Technology stock opened at $1.35 on Tuesday. The firm has a market capitalization of $92.10 million, a price-to-earnings ratio of 11.25 and a beta of 0.73. The company’s 50 day simple moving average is $1.49 and its 200 day simple moving average is $1.35. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.79 and a quick ratio of 1.49. Viomi Technology has a fifty-two week low of $0.50 and a fifty-two week 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 acquired a new position in shares of Viomi Technology Co., Ltd (NASDAQ:VIOT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 31,648 shares of the company’s stock, valued at approximately $49,000. 1.22% of the stock is currently owned by hedge funds and other 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.