Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT - Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 315,000 shares, a decline of 28.6% from the September 15th total of 440,900 shares. Based on an average daily volume of 670,700 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 670,700 shares, the days-to-cover ratio is currently 0.5 days.
Viomi Technology Price Performance
Viomi Technology stock opened at $2.80 on Thursday. The stock has a market cap of $190.23 million, a P/E ratio of 46.67 and a beta of 0.20. Viomi Technology has a 1 year low of $1.21 and a 1 year high of $4.33. The firm's 50 day moving average price is $3.31 and its 200-day moving average price is $2.42.
Analysts Set New Price Targets
Several equities analysts have weighed in on the stock. Weiss Ratings assumed coverage on shares of Viomi Technology in a report on Wednesday, October 8th. They set a "sell (d+)" rating on the stock. Wall Street Zen upgraded shares of Viomi Technology from a "hold" rating to a "buy" rating in a research report on Monday, October 6th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Sell".
View Our Latest Report on VIOT
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Viomi Technology stock. JPMorgan Chase & Co. acquired a new stake in shares of Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 303,531 shares of the company's stock, valued at approximately $410,000. JPMorgan Chase & Co. owned about 0.44% of Viomi Technology as of its most recent SEC filing. 1.22% of the stock is owned by hedge funds and other institutional investors.
About Viomi Technology
(
Get Free Report)
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.
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