United Time Technology Co., Ltd. (NASDAQ:UTME) Short Interest Update

United Time Technology Co., Ltd. (NASDAQ:UTME) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 169,400 shares, an increase of 879.2% from the December 15th total of 17,300 shares. Based on an average daily volume of 220,300 shares, the short-interest ratio is currently 0.8 days. Approximately 4.5% of the shares of the company are short sold.

UTME opened at $2.14 on Friday. United Time Technology has a 1 year low of $2.07 and a 1 year high of $107.33. The stock’s 50 day simple moving average is $3.41 and its 200-day simple moving average is $5.65.

About United Time Technology

United Time Technology Co, Ltd., through its subsidiaries, designs, manufactures, and sells mobile phones, accessories, and related consumer electronics. The company also provides electronics manufacturing services, including original equipment manufacturer and original design manufacturer services. It sells its products under the UTime and Do brand names in South America, South Asia, Southeast Asia, and Africa.

See Also: What is the Stochastic Momentum Index (SMI)?

Receive News & Ratings for United Time Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Time Technology and related companies with MarketBeat.com's FREE daily email newsletter.