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 daily volume of 194,100 shares, the days-to-cover ratio is presently 0.2 days.

Viomi Technology Price Performance

Shares of VIOT opened at $1.23 on Thursday. 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 stock has a 50 day simple moving average of $1.49 and a 200 day simple moving average of $1.35. Viomi Technology has a 52-week low of $0.50 and a 52-week 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 acquired a new stake in Viomi Technology Co., Ltd (NASDAQ:VIOT) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 31,648 shares of the company’s stock, valued at approximately $49,000. Hedge funds and other institutional investors 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.