Short Interest in Viomi Technology Co., Ltd (NASDAQ:VIOT) Declines By 62.6%

Viomi Technology Co., Ltd (NASDAQ:VIOT) saw a large decline in short interest in October. As of October 31st, there was short interest totalling 17,200 shares, a decline of 62.6% from the October 15th total of 46,000 shares. Based on an average trading volume of 217,400 shares, the days-to-cover ratio is currently 0.1 days.

Viomi Technology Price Performance

NASDAQ VIOT opened at $1.40 on Wednesday. The company has a 50 day simple moving average of $1.43 and a 200-day simple moving average of $1.14. Viomi Technology has a 52-week low of $0.50 and a 52-week high of $1.94. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.79 and a quick ratio of 1.49.

About Viomi Technology

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.