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

Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 60,009 shares, a growth of 306.7% from the May 14th total of 14,756 shares. Based on an average daily trading volume, of 266,756 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Quadrature Capital Ltd increased its holdings in shares of Viomi Technology by 69.8% in the fourth quarter. Quadrature Capital Ltd now owns 63,827 shares of the company’s stock worth $117,000 after buying an additional 26,241 shares during the period. Barclays PLC increased its holdings in shares of Viomi Technology by 38.7% in the fourth quarter. Barclays PLC now owns 253,980 shares of the company’s stock worth $467,000 after buying an additional 70,810 shares during the period. Two Sigma Investments LP purchased a new position in shares of Viomi Technology in the third quarter worth about $525,000. Dimensional Fund Advisors LP increased its holdings in Viomi Technology by 112.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 65,057 shares of the company’s stock valued at $120,000 after purchasing an additional 34,404 shares during the period. Finally, Verdad Advisers LP purchased a new position in Viomi Technology during the 4th quarter valued at about $97,000. Hedge funds and other institutional investors own 1.22% of the company’s stock.

Viomi Technology Price Performance

VIOT traded up $0.01 during midday trading on Friday, hitting $0.94. The stock had a trading volume of 152,554 shares, compared to its average volume of 293,700. The business has a fifty day moving average of $0.99 and a 200 day moving average of $1.43. The company has a quick ratio of 2.43, a current ratio of 2.60 and a debt-to-equity ratio of 0.03. Viomi Technology has a 1 year low of $0.87 and a 1 year high of $4.33.

Viomi Technology Dividend Announcement

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

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.