Viomi Technology Short Interest Ratio and Short Volume

Short interest is the volume of Viomi Technology shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 576,900 shares of VIOT short.

Viomi Technology saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 576,900 shares, an increase of 0.5% from the previous total of 573,900 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

0.00% of Viomi Technology's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Viomi Technology: Himax Technologies, Inc. (1.74%), Criteo S.A. (4.94%), Cohu, Inc. (0.00%), Bottomline Technologies (de), Inc. (0.00%), Perficient, Inc. (5.16%), NetScout Systems, Inc. (4.63%), Ultra Clean Holdings, Inc. (3.36%), TechTarget, Inc. (8.00%), Talend S.A. (3.39%), and Chorus Limited (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling VIOT is an investing strategy that aims to generate trading profit from Viomi Technology as its price is falling. Viomi Technology's stock is trading down $0.03 today. To short Viomi Technology stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Viomi Technology will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Viomi Technology occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of VIOT, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including VIOT, twice per month. The most recent reporting period available is March, 31 2021.