UTime Limited (NASDAQ:WTO – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 229,100 shares, a drop of 46.0% from the September 15th total of 423,900 shares. Based on an average trading volume of 212,500 shares, the short-interest ratio is presently 1.1 days. Currently, 1.1% of the shares of the company are short sold. Currently, 1.1% of the shares of the company are short sold. Based on an average trading volume of 212,500 shares, the short-interest ratio is presently 1.1 days.
UTime Trading Up 2.9%
UTime stock opened at $0.07 on Wednesday. UTime has a 1 year low of $0.06 and a 1 year high of $4.87. The firm’s 50 day moving average price is $1.00 and its 200-day moving average price is $1.20.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of UTime in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.
UTime Company Profile
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.
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