Viomi Technology Co., Ltd (NASDAQ:VIOT) Short Interest Up 137.9% in December

Viomi Technology Co., Ltd (NASDAQ:VIOT) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 42,100 shares, a growth of 137.9% from the December 15th total of 17,700 shares. Based on an average daily volume of 194,100 shares, the short-interest ratio is currently 0.2 days.

Viomi Technology Price Performance

Shares of NASDAQ:VIOT opened at $1.32 on Wednesday. The firm’s 50 day moving average price is $1.49 and its 200-day moving average price is $1.36. Viomi Technology has a twelve month low of $0.50 and a twelve month high of $1.94. The company has a quick ratio of 1.49, a current ratio of 1.79 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $90.05 million, a PE ratio of 11.00 and a beta of 0.73.

Hedge Funds Weigh In On Viomi Technology

An institutional investor recently bought a new position in Viomi Technology stock. Public Employees Retirement System of Ohio acquired a new position in Viomi Technology Co., Ltd (NASDAQ:VIOT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 31,648 shares of the company’s stock, valued at approximately $49,000. Institutional investors own 1.22% of the company’s stock.

Viomi Technology Company Profile

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.