Short Interest in Viomi Technology Co., Ltd Declines By 62.6
| VIOT Stock | USD 1.48 0.05 3.27% |
Slightly above 54% of Viomi Technology's investor base is interested to short. The analysis of overall sentiment of trading Viomi Technology ADR stock suggests that many investors are impartial at this time. Viomi Technology's investing sentiment can be driven by a variety of factors including economic data, Viomi Technology's earnings reports, geopolitical events, and overall market trends.
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Viomi Technology Co., Ltd saw a large decline in short interest in October. As of October 31st, there was short interest totalling 17,200 shares, a decline of 62.6 percent from the October 15th total of 46,000 shares. Based on an average trading volume of 217,400 shares, the days-to-cover ratio is currently
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Viomi Technology Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Viomi Technology can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Viomi Technology Fundamental Analysis
We analyze Viomi Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Viomi Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Viomi Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
Viomi Technology is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Viomi Technology ADR Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Viomi Technology stock to make a market-neutral strategy. Peer analysis of Viomi Technology could also be used in its relative valuation, which is a method of valuing Viomi Technology by comparing valuation metrics with similar companies.
Peers
Viomi Technology Related Equities
| HBB | Hamilton Beach | 0.99 | ||||
| NTZ | Natuzzi SpA | 0.46 |
Additional Tools for Viomi Stock Analysis
When running Viomi Technology's price analysis, check to measure Viomi Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Viomi Technology is operating at the current time. Most of Viomi Technology's value examination focuses on studying past and present price action to predict the probability of Viomi Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viomi Technology's price. Additionally, you may evaluate how the addition of Viomi Technology to your portfolios can decrease your overall portfolio volatility.