Viomi Technology Co., Ltd (NASDAQ:VIOT – Get Free Report) experienced a significant decrease in short interest in June. As of June 15th, there were 72,300 shares with short interest, which represents a 16.9% drop from the May 31st total of 87,000 shares. With an average trading volume of 110,300 shares, the short-interest ratio stands at 0.7 days.
Viomi Technology’s stock saw a 1.2% increase as it opened at $0.93 on Monday. The company’s stock has ranged from a twelve month low of $0.50 to a high of $1.09. With a debt-to-equity ratio of 0.10, a quick ratio of 1.45, and a current ratio of 1.80, Viomi Technology is well-positioned in the market. The 50-day moving average price is $0.79, while the 200-day moving average price is $0.76.
Viomi Technology Co, Ltd is focused on developing and selling Internet-of-things-enabled (IoT-enabled) smart home products in China. Their product range includes smart water purification systems, smart kitchen products like ovens and dishwashers, as well as other smart devices such as air conditioning systems, washing machines, and smart locks. The company is committed to providing innovative and high-quality smart home solutions to consumers.
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