Viomi Technology Co., Ltd (NASDAQ:VIOT) Short Interest Update

Viomi Technology Co., Ltd (NASDAQ:VIOT) saw a large decline in short interest in December. As of December 15th, there was short interest totalling 17,700 shares, a decline of 53.9% from the November 30th total of 38,400 shares. Based on an average daily trading volume, of 214,500 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors 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 shares of Viomi Technology Co., Ltd (NASDAQ:VIOT) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,648 shares of the company’s stock, valued at approximately $49,000. 1.22% of the stock is currently owned by hedge funds and other institutional investors.

Viomi Technology Price Performance

Shares of VIOT stock opened at $1.46 on Friday. The business has a fifty day simple moving average of $1.46 and a 200 day simple moving average of $1.30. 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 company has a market cap of $99.60 million, a P/E ratio of 12.17 and a beta of 0.70.

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.