Short Interest in UTime Limited (NASDAQ:WTO) Rises By 3,078.2%

UTime Limited (NASDAQ:WTO) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 174,800 shares, a growth of 3,078.2% from the March 31st total of 5,500 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average daily volume of 629,700 shares, the short-interest ratio is presently 0.3 days.

UTime Price Performance

Shares of WTO stock opened at $0.27 on Friday. UTime has a 52-week low of $0.13 and a 52-week high of $3.40. The company has a 50-day simple moving average of $0.24 and a two-hundred day simple moving average of $0.25.

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.