Viomi Technology Co., Ltd (NASDAQ:VIOT) Sees Large Drop in Short Interest

Viomi Technology Co., Ltd (NASDAQ:VIOT) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 7,900 shares, a drop of 47.3% from the January 31st total of 15,000 shares. Based on an average daily volume of 182,800 shares, the short-interest ratio is presently 0.0 days.

Viomi Technology Stock Down 3.7 %

Shares of VIOT traded down $0.06 during trading hours on Friday, reaching $1.56. The stock had a trading volume of 86,651 shares, compared to its average volume of 109,176. Viomi Technology has a 12 month low of $0.50 and a 12 month high of $1.94. The firm has a 50-day simple moving average of $1.46 and a 200 day simple moving average of $1.47. 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 company has a market capitalization of $106.43 million, a price-to-earnings ratio of 26.00 and a beta of 0.72.

Hedge Funds Weigh In On Viomi Technology

A number of large investors have recently modified their holdings of VIOT. Virtu Financial LLC bought a new position in Viomi Technology during the 4th quarter valued at $26,000. Public Employees Retirement System of Ohio bought a new position in Viomi Technology during the 3rd quarter valued at $49,000. Finally, Renaissance Technologies LLC lifted its stake in Viomi Technology by 50.8% during the 4th quarter. Renaissance Technologies LLC now owns 143,764 shares of the company’s stock valued at $210,000 after acquiring an additional 48,400 shares in the last quarter. 1.22% of the stock is currently owned by institutional investors.

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.