Waton Financial Limited (NASDAQ:WTF) Sees Large Growth in Short Interest

Waton Financial Limited (NASDAQ:WTF) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 261,273 shares, a growth of 20.8% from the December 31st total of 216,202 shares. Based on an average daily volume of 15,635 shares, the days-to-cover ratio is currently 16.7 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 15,635 shares, the days-to-cover ratio is currently 16.7 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Waton Financial in a report on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Waton Financial has an average rating of “Sell”.

Waton Financial Stock Performance

NASDAQ WTF opened at $3.35 on Thursday. The stock’s 50-day moving average price is $3.33 and its two-hundred day moving average price is $4.53. Waton Financial has a 1 year low of $2.71 and a 1 year high of $19.85.

Waton Financial (NASDAQ:WTF) last announced 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.