UTime Limited (NASDAQ:WTO) Short Interest Down 50.0% in June

UTime Limited (NASDAQ:WTO) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 25,500 shares, a decline of 50.0% from the May 31st total of 51,000 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 692,600 shares, the short-interest ratio is currently 0.0 days.

UTime Stock Performance

Shares of NASDAQ:WTO remained flat at $0.68 during trading on Friday. The stock had a trading volume of 54,288 shares, compared to its average volume of 229,325. UTime has a 52-week low of $0.13 and a 52-week high of $2.83. The firm’s 50-day simple moving average is $0.44 and its two-hundred day simple moving average is $0.31.

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.