UTime Limited (NASDAQ:WTO) Short Interest Update

UTime Limited (NASDAQ:WTO) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 836,000 shares, a growth of 25.4% from the January 31st total of 666,600 shares. Currently, 4.6% of the shares of the company are sold short. Based on an average daily trading volume, of 874,900 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On UTime

A hedge fund recently bought a new stake in UTime stock. XTX Topco Ltd bought a new position in shares of UTime Limited (NASDAQ:WTO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 120,771 shares of the company’s stock, valued at approximately $38,000. XTX Topco Ltd owned 0.67% of UTime as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 1.07% of the company’s stock.

UTime Trading Up 3.8 %

Shares of WTO opened at $0.22 on Thursday. UTime has a fifty-two week low of $0.21 and a fifty-two week high of $62.25. The firm has a 50-day simple moving average of $0.29 and a 200-day simple moving average of $2.81.

About UTime

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.