Viomi Technology experiences a 16.9% decrease in short interest and strong financial ratios

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.

On Monday, Viomi Technology’s stock saw a 1.2% increase as it opened at $0.93. 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 $