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

Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT - Get Free Report) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 68,548 shares, a drop of 55.1% from the November 30th total of 152,779 shares. Currently, 0.2% of the company's shares are sold short. Based on an average daily volume of 214,181 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 214,181 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company's shares are sold short.Get Viomi Technology alerts:Analyst Ratings ChangesA number of research firms have recently commented on VIOT. Weiss Ratings started coverage on Viomi Technology in a report on Wednesday, October 8th. They set a "sell (d+)" rating for the company. Wall Street Zen raised Viomi Technology from a "hold" rating to a "buy" rating in a research note on Saturday, December 13th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of "Sell".Read Our Latest Analysis on Viomi TechnologyHedge Funds Weigh In On Viomi TechnologySeveral hedge funds and other institutional investors have recently bought and sold shares of the stock. Acadian Asset Management LLC boosted its stake in shares of Viomi Technology by 2.5% in the first quarter. Acadian Asset Management LLC now owns 696,888 shares of the company's stock valued at $1,073,000 after purchasing an additional 16,678 shares during the period. JPMorgan Chase & Co. acquired a new position in Viomi Technology in the 2nd quarter worth $410,000. Dimensional Fund Advisors LP acquired a new position in Viomi Technology in the 3rd quarter worth $102,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Viomi Technology in the 3rd quarter valued at about $200,000. Finally, Sei Investments Co. acquired a new stake in shares of Viomi Technology during the third quarter valued at about $59,000. 1.22% of the stock is owned by institutional investors and hedge funds. Viomi Technology Stock Down 1.7%Shares of NASDAQ VIOT opened at $2.05 on Friday. The stock has a fifty day moving average price of $2.57 and a 200 day moving average price of $2.81. The company has a current ratio of 1.96, a quick ratio of 1.87 and a debt-to-equity ratio of 0.04. Viomi Technology has a 12-month low of $1.21 and a 12-month high of $4.33. The company has a market cap of $138.94 million, a P/E ratio of -5.53 and a beta of 0.22. About Viomi Technology (Get Free Report)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.Featured StoriesFive stocks we like better than Viomi TechnologyTurn your "dead money" into $306+ monthly (starting this month)Washington prepares for warPut $1,000 into this stock by Jan 1 [Not NVDA]The McDonald's Secret33,000% boom from weird new “AI Fuel?”This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Viomi Technology Right Now?Before you consider Viomi Technology, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Viomi Technology wasn't on the list.While Viomi Technology currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here