UTime Limited (NASDAQ:WTO) Short Interest Update

UTime Limited (NASDAQ:WTO) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 694,100 shares, a decrease of 17.0% from the February 13th total of 836,000 shares. Based on an average daily trading volume, of 869,000 shares, the days-to-cover ratio is currently 0.8 days. Currently, 2.8% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in UTime stock. XTX Topco Ltd acquired a new position in UTime Limited (NASDAQ:WTO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 120,771 shares of the company’s stock, valued at approximately $38,000. XTX Topco Ltd owned approximately 0.67% of UTime as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 1.07% of the company’s stock.

UTime Price Performance

Shares of WTO opened at $0.21 on Thursday. UTime has a twelve month low of $0.18 and a twelve month high of $62.25. The firm has a 50 day moving average of $0.27 and a 200 day moving average of $0.41.

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.