Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT) Short Interest Up 306.7% in May

Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT) was the recipient of a large growth in short interest in the month of 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. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 266,756 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

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

Viomi Technology Stock Up 1.6%

NASDAQ VIOT traded up $0.01 on Thursday, hitting $0.93. 220,610 shares of the company’s stock were exchanged, compared to its average volume of 294,562. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.43 and a current ratio of 2.60. The firm’s 50-day moving average price is $0.99 and its two-hundred day moving average price is $1.44. Viomi Technology has a fifty-two week low of $0.87 and a fifty-two week high of $4.33.

Viomi Technology Announces Dividend

The company also recently declared a special dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, April 6th were paid 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

Several institutional investors have recently modified their holdings of VIOT. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Viomi Technology in the fourth quarter valued at about $28,000. Sei Investments Co. purchased a new stake in Viomi Technology in the 3rd quarter valued at approximately $59,000. Virtu Financial LLC purchased a new stake in Viomi Technology in the 3rd quarter valued at approximately $72,000. Nomura Holdings Inc. purchased a new stake in Viomi Technology in the 3rd quarter valued at approximately $77,000. Finally, Jane Street Group LLC purchased a new stake in Viomi Technology in the 4th quarter valued at approximately $47,000. Hedge funds and other institutional investors 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.