Waton Financial Limited (NASDAQ:WTF) Sees Significant Growth in Short Interest

Waton Financial Limited (NASDAQ:WTF) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 57,400 shares, an increase of 165.7% from the September 30th total of 21,600 shares. Based on an average daily volume of 139,800 shares, the short-interest ratio is currently 0.4 days. Approximately 0.9% of the shares of the stock are short sold. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily volume of 139,800 shares, the short-interest ratio is currently 0.4 days.

Waton Financial Trading Up 5.8%

Shares of NASDAQ WTF opened at $5.09 on Friday. Waton Financial has a 12 month low of $4.05 and a 12 month high of $19.85. The company has a 50-day simple moving average of $5.63 and a 200-day simple moving average of $5.75.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Waton Financial in a research note on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Waton Financial Company Profile

Waton Financial Ltd. is a holding company, which engages in the provision of securities brokerage and financial technology services. It is also involved in software licensing and related support services including the licensing of trading platform app, upgrades and enhancements, maintenance, and other related services to financial institutions.