Viomi Technology Co., Ltd (NASDAQ:VIOT - Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 8,100 shares, a growth of 44.6% from the May 15th total of 5,600 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 211,700 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Virtu Financial LLC bought a new position in Viomi Technology in the 4th quarter valued at about $26,000. Renaissance Technologies LLC raised its stake in shares of Viomi Technology by 50.8% in the fourth quarter. Renaissance Technologies LLC now owns 143,764 shares of the company's stock worth $210,000 after purchasing an additional 48,400 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in shares of Viomi Technology by 2.5% in the first quarter. Acadian Asset Management LLC now owns 696,888 shares of the company's stock valued at $1,073,000 after purchasing an additional 16,678 shares in the last quarter. 1.22% of the stock is currently owned by institutional investors and hedge funds.
Viomi Technology Stock Up 1.5%
Shares of VIOT traded up $0.02 during trading hours on Monday, reaching $1.40. The stock had a trading volume of 43,786 shares, compared to its average volume of 199,606. The firm has a 50-day simple moving average of $1.37 and a 200 day simple moving average of $1.49. Viomi Technology has a 12 month low of $0.83 and a 12 month high of $2.38. 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 $95.58 million, a price-to-earnings ratio of 23.65 and a beta of 0.16.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Viomi Technology, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Viomi Technology wasn't on the list.
While Viomi Technology currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
