Waton Financial Limited (NASDAQ:WTF) Short Interest Up 20.8% in January

Waton Financial Limited (NASDAQ:WTF) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 261,273 shares, an increase of 20.8% from the December 31st total of 216,202 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 15,635 shares, the days-to-cover ratio is presently 16.7 days. Based on an average daily trading volume, of 15,635 shares, the days-to-cover ratio is presently 16.7 days. Approximately 0.5% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

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

Waton Financial Trading Down 0.3%

Shares of NASDAQ:WTF opened at $3.35 on Tuesday. The stock has a 50 day moving average of $3.31 and a 200 day moving average of $4.55. Waton Financial has a 12-month low of $2.71 and a 12-month high of $19.85.

Waton Financial (NASDAQ:WTF) last released its earnings results on Wednesday, January 28th. The company reported ($0.08) EPS for the quarter. The business had revenue of $3.05 million for the quarter.

About Waton Financial

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.