UTime Limited (NASDAQ:WTO) Short Interest Down 70.5% in September

UTime Limited (NASDAQ:WTO) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 100,300 shares, a decrease of 70.5% from the August 31st total of 339,800 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 2,580,000 shares, the days-to-cover ratio is currently 0.0 days.

UTime Price Performance

Shares of WTO stock opened at $0.52 on Wednesday. UTime has a one year low of $0.50 and a one year high of $62.25. The company’s 50-day moving average is $0.95 and its 200 day moving average is $0.61.

About UTime

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.