Viomi Technology Co., Ltd (NASDAQ:VIOT) Short Interest Down 53.9% in December

Viomi Technology Co., Ltd (NASDAQ:VIOT) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 17,700 shares, a decline of 53.9% from the November 30th total of 38,400 shares. Based on an average daily volume of 214,500 shares, the short-interest ratio is currently 0.1 days.

Viomi Technology Price Performance

Viomi Technology stock traded down $0.09 during mid-day trading on Friday, hitting $1.37. 216,205 shares of the company were exchanged, compared to its average volume of 186,987. The company has a quick ratio of 1.49, a current ratio of 1.79 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $93.46 million, a PE ratio of 11.42 and a beta of 0.70. The business has a fifty day moving average of $1.46 and a 200 day moving average of $1.31. Viomi Technology has a 1-year low of $0.50 and a 1-year high of $1.94.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Viomi Technology stock. Public Employees Retirement System of Ohio bought a new position in shares of Viomi Technology Co., Ltd (NASDAQ:VIOT) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 31,648 shares of the company’s stock, valued at approximately $49,000. Hedge funds and other institutional investors own 1.22% of the company’s stock.

Viomi Technology Company Profile

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.