Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT) Short Interest Update

Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 40,661 shares, a decrease of 37.1% from the December 31st total of 64,605 shares. Based on an average daily trading volume, of 404,694 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 404,694 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. acquired a new stake in Viomi Technology during the second quarter worth about $410,000. Two Sigma Investments LP bought a new stake in shares of Viomi Technology in the 3rd quarter worth approximately $525,000. Oasis Management Co Ltd. acquired a new stake in shares of Viomi Technology during the 3rd quarter worth approximately $334,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Viomi Technology during the 3rd quarter worth approximately $200,000. Finally, Schonfeld Strategic Advisors LLC bought a new stake in shares of Viomi Technology during the third quarter valued at approximately $108,000. 1.22% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on VIOT shares. Wall Street Zen upgraded Viomi Technology from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Viomi Technology in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Viomi Technology Stock Performance

Viomi Technology stock opened at $1.34 on Friday. Viomi Technology has a 12 month low of $1.18 and a 12 month high of $4.33. The company has a quick ratio of 1.87, a current ratio of 1.96 and a debt-to-equity ratio of 0.04. The stock has a market cap of $91.04 million, a P/E ratio of -6.38 and a beta of 0.28. The company’s fifty day simple moving average is $1.96 and its 200-day simple moving average is $2.79.

About Viomi Technology

Viomi Technology Co, Ltd. (NASDAQ: VIOT) is a China-based provider of smart home appliances and Internet of Things (IoT) solutions. The company develops, manufactures and markets a wide range of connected home products, including water purifiers, water dispensers, washing machines, refrigerators, ovens, air conditioners and kitchen appliances. By integrating hardware design with proprietary software and cloud-based services, Viomi delivers automated control, remote monitoring and data analytics to enhance user convenience, energy efficiency and home safety.

At the core of Viomi’s offerings is its open IoT platform, which supports device interconnectivity and cross-brand compatibility.