UTime Limited (NASDAQ:WTO) Short Interest Down 44.2% in October

UTime Limited (NASDAQ:WTO) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 483,700 shares, a decrease of 44.2% from the October 15th total of 866,700 shares. Based on an average daily trading volume, of 3,230,000 shares, the short-interest ratio is presently 0.1 days. Approximately 2.7% of the company’s stock are short sold.

UTime Stock Performance

WTO stock opened at $0.38 on Wednesday. The company’s 50 day moving average price is $0.56 and its 200 day moving average price is $12.92. UTime has a fifty-two week low of $0.30 and a fifty-two week high of $62.25.

UTime Company Profile

UTime Limited, together with its subsidiaries, designs, develops, manufactures, sells, and operates mobile phones, accessories, and related consumer electronics. The company offers consumer electronics, such as power banks, bluetooth speakers, batteries, chargers, cell phone parts, molds, and shells.