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

Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 14,756 shares, a decrease of 62.9% from the April 30th total of 39,778 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 152,079 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of Viomi Technology from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Viomi Technology Price Performance

VIOT opened at $0.97 on Friday. The stock’s 50 day moving average price is $1.04 and its 200 day moving average price is $1.54. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.43 and a current ratio of 2.60. Viomi Technology has a 12 month low of $0.87 and a 12 month high of $4.33.

Viomi Technology Dividend Announcement

The firm also recently declared a special dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, April 6th were issued a dividend of $0.066 per share. The ex-dividend date of this dividend was Monday, April 6th.

Institutional Investors Weigh In On Viomi Technology

Institutional investors have recently bought and sold shares of the stock. Police & Firemen s Retirement System of New Jersey acquired a new position in Viomi Technology during the 4th quarter valued at about $28,000. Bank of America Corp DE bought a new stake in shares of Viomi Technology during the 1st quarter worth about $34,000. Jane Street Group LLC acquired a new stake in shares of Viomi Technology in the 4th quarter worth approximately $47,000. Sei Investments Co. bought a new position in shares of Viomi Technology in the third quarter valued at approximately $59,000. Finally, Virtu Financial LLC bought a new position in shares of Viomi Technology in the third quarter valued at approximately $72,000. Institutional investors and hedge funds own 1.22% of the company’s stock.

Viomi Technology Company Profile

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.