Short Interest in UTime Limited (NASDAQ:WTO) Expands By 3,078.2%

UTime Limited (NASDAQ:WTO) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 174,800 shares, an increase of 3,078.2% from the March 31st total of 5,500 shares. Currently, 1.3% of the shares of the stock are short sold. Based on an average daily volume of 629,700 shares, the short-interest ratio is presently 0.3 days.

UTime Stock Performance

Shares of UTime stock opened at $0.27 on Friday. The company’s 50 day moving average price is $0.24 and its two-hundred day moving average price is $0.25. UTime has a fifty-two week low of $0.13 and a fifty-two week high of $3.40.

About UTime

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.