Waton Financial Limited (NASDAQ:WTF) Short Interest Down 30.4% in March

Waton Financial Limited (NASDAQ:WTF) was the target of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 110,983 shares, a decrease of 30.4% from the February 26th total of 159,517 shares. Based on an average daily volume of 26,164 shares, the short-interest ratio is presently 4.2 days. Approximately 0.2% of the company’s shares are sold short.

Waton Financial Trading Up 5.7%

NASDAQ:WTF opened at $3.67 on Friday. The stock has a fifty day simple moving average of $3.80 and a 200 day simple moving average of $4.35. Waton Financial has a 1-year low of $2.71 and a 1-year high of $19.85.

Waton Financial (NASDAQ:WTF) last posted its quarterly earnings data on Thursday, January 29th. The company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $3.05 million during the quarter.

Institutional Investors Weigh In On Waton Financial

An institutional investor recently bought a new position in Waton Financial stock. Boothbay Fund Management LLC acquired a new position in Waton Financial Limited (NASDAQ:WTF) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 88,713 shares of the company’s stock, valued at approximately $293,000. Boothbay Fund Management LLC owned 0.19% of Waton Financial as of its most recent filing with the SEC.

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.