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

UTime Limited (NASDAQ:WTO) was the target of a significant drop in short interest in 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. Currently, 1.8% of the company’s shares are short sold. Based on an average daily volume of 1,100,000 shares, the short-interest ratio is presently 0.3 days.

UTime Trading Down 2.8 %

NASDAQ:WTO opened at $0.30 on Wednesday. The stock has a fifty day simple moving average of $0.32 and a 200-day simple moving average of $7.90. UTime has a twelve month low of $0.24 and a twelve month high of $62.25.

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.