UTime Limited (NASDAQ:WTO) Short Interest Update

UTime Limited (NASDAQ:WTO) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 25,500 shares, a drop of 50.0% from the May 31st total of 51,000 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 692,600 shares, the days-to-cover ratio is presently 0.0 days.

UTime Stock Performance

Shares of WTO opened at $0.68 on Friday. The firm has a 50-day simple moving average of $0.44 and a two-hundred day simple moving average of $0.31. UTime has a 1-year low of $0.13 and a 1-year high of $2.83.

UTime Company Profile

UTime Limited, together with its subsidiaries, designs, develops, manufactures, sells, and operates mobile phones, accessories, and related consumer electronics. The company offers consumer electronics, such as power banks, bluetooth speakers, batteries, chargers, cell phone parts, molds, and shells.