Waton Financial Limited (NASDAQ:WTF) Short Interest Down 25.6% in December

Waton Financial Limited (NASDAQ:WTF) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 250,290 shares, a drop of 25.6% from the November 30th total of 336,272 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 28,695 shares, the short-interest ratio is currently 8.7 days. Based on an average daily trading volume, of 28,695 shares, the short-interest ratio is currently 8.7 days. Approximately 0.5% of the company’s shares are sold short.

Waton Financial Stock Up 0.6%

Shares of WTF stock opened at $3.34 on Tuesday. The firm’s 50 day moving average price is $4.10 and its two-hundred day moving average price is $4.93. Waton Financial has a 52-week low of $2.71 and a 52-week high of $19.85.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Waton Financial in a report on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Waton Financial currently has an average 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. The company was founded on June 25, 2010 and is headquartered in Hong Kong.