UTime Limited (NASDAQ:WTO) Short Interest Down 47.9% in January

UTime Limited (NASDAQ:WTO) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 329,000 shares, a drop of 47.9% from the December 31st total of 631,300 shares. Approximately 1.8% of the company’s shares are short sold. Based on an average daily volume of 1,100,000 shares, the days-to-cover ratio is currently 0.3 days.

UTime Price Performance

WTO opened at $0.29 on Thursday. UTime has a fifty-two week low of $0.24 and a fifty-two week high of $62.25. The firm has a 50 day simple moving average of $0.32 and a 200 day simple moving average of $7.85.

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.