Short Interest in Waton Financial Limited (NASDAQ:WTF) Decreases By 18.6%

Key Points

• Short interest in Waton Financial fell by 18.6% to 159,517 shares as of Feb. 27, equal to about 0.3% of shares and a short-interest ratio of 9.0 days.
• WTF shares opened at $2.98 and were down 5.1% recently, trading near a one-year low of $2.71 (one-year high $19.85) with 50- and 200-day SMAs of $3.82 and $4.44.
• Institutional activity: Boothbay Fund Management acquired 88,713 shares (about 0.19% of the company) in Q4; Waton reported Q4 EPS of $(0.08) and revenue of $3.05 million.

Waton Financial Limited (NASDAQ:WTF - Get Free Report) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 159,517 shares, a decrease of 18.6% from the February 12th total of 195,863 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 17,725 shares, the short-interest ratio is presently 9.0 days. Based on an average daily volume of 17,725 shares, the short-interest ratio is presently 9.0 days. Approximately 0.3% of the shares of the company are short sold.

Waton Financial Stock Down 5.1%

NASDAQ WTF opened at $2.98 on Friday. Waton Financial has a one year low of $2.71 and a one year high of $19.85. The company has a 50-day simple moving average of $3.82 and a 200-day simple moving average of $4.44.

Waton Financial (NASDAQ:WTF - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $3.05 million for the quarter.

Institutional Trading of Waton Financial

An institutional investor recently bought a new position in Waton Financial stock. Boothbay Fund Management LLC acquired a new stake in Waton Financial Limited (NASDAQ:WTF - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 88,713 shares of the company's stock, valued at approximately $293,000. Boothbay Fund Management LLC owned about 0.19% of Waton Financial as of its most recent SEC filing.

Waton Financial Company Profile

Waton Financial Ltd. is a holding company, which engages in the provision of securities brokerage and financial technology services. It is also involved in software licensing and related support services including the licensing of trading platform app, upgrades and enhancements, maintenance, and other related services to financial institutions. The company was founded on June 25, 2010 and is headquartered in Hong Kong.

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