UTime Limited (NASDAQ:WTO) Short Interest Up 326.6% in December

UTime Limited (NASDAQ:WTO) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 631,300 shares, an increase of 326.6% from the November 30th total of 148,000 shares. Based on an average daily volume of 1,060,000 shares, the short-interest ratio is presently 0.6 days. Approximately 3.5% of the company’s stock are sold short.

UTime Stock Up -1.1 %

Shares of NASDAQ:WTO opened at $0.30 on Thursday. The stock’s fifty day moving average price is $0.36 and its 200-day moving average price is $10.81. UTime has a 1 year low of $0.24 and a 1 year high of $62.25.

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.