Short Interest in Viomi Technology Co., Ltd (NASDAQ:VIOT) Expands By 125.6%

Viomi Technology Co., Ltd (NASDAQ:VIOT) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 38,800 shares, an increase of 125.6% from the October 31st total of 17,200 shares. Based on an average daily volume of 193,400 shares, the short-interest ratio is presently 0.2 days.

Viomi Technology Stock Up 20.0 %

NASDAQ:VIOT opened at $1.80 on Thursday. The company has a quick ratio of 1.49, a current ratio of 1.79 and a debt-to-equity ratio of 0.07. The business has a 50 day simple moving average of $1.46 and a 200-day simple moving average of $1.19. Viomi Technology has a 1 year low of $0.50 and a 1 year high of $1.94.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Viomi Technology stock. Public Employees Retirement System of Ohio purchased a new stake in shares of Viomi Technology Co., Ltd (NASDAQ:VIOT) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 31,648 shares of the company’s stock, valued at approximately $49,000. Institutional investors own 1.22% of the company’s stock.

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.