Viomi Technology Co., Ltd (NASDAQ:VIOT - Get Free Report) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totalling 5,600 shares, a decline of 81.0% from the April 30th total of 29,500 shares. Based on an average daily volume of 189,600 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Acadian Asset Management LLC grew its position in shares of Viomi Technology by 2.5% during the 1st 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. Renaissance Technologies LLC grew its position in 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 acquiring an additional 48,400 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in Viomi Technology in the fourth quarter worth $26,000. 1.22% of the stock is currently owned by hedge funds and other institutional investors.
Viomi Technology Price Performance
Shares of VIOT traded down $0.04 during mid-day trading on Friday, reaching $1.37. 445,883 shares of the stock traded hands, compared to its average volume of 196,233. The firm has a fifty day moving average price of $1.40 and a 200 day moving average price of $1.50. The company has a market cap of $93.12 million, a price-to-earnings ratio of 22.75 and a beta of 0.12. The company has a current ratio of 1.79, a quick ratio of 1.49 and a debt-to-equity ratio of 0.07. Viomi Technology has a 1 year low of $0.75 and a 1 year high of $2.38.
About Viomi Technology
(
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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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