Waton Financial Limited (NASDAQ:WTF) Sees Large Increase in Short Interest

Waton Financial Limited (NASDAQ:WTF) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 261,273 shares, a growth of 20.8% from the December 31st total of 216,202 shares. Based on an average daily volume of 15,635 shares, the days-to-cover ratio is currently 16.7 days. Approximately 0.5% of the shares of the stock are sold short. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 15,635 shares, the days-to-cover ratio is currently 16.7 days.

Waton Financial Stock Performance

NASDAQ WTF opened at $3.35 on Tuesday. Waton Financial has a 1-year low of $2.71 and a 1-year high of $19.85. The business has a 50 day simple moving average of $3.31 and a two-hundred day simple moving average of $4.55.

Waton Financial (NASDAQ:WTF) last posted its earnings results on Wednesday, January 28th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $3.05 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Waton Financial in a research note on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

About Waton Financial

Waton Financial Ltd. is a holding company, which engages in the provision of securities brokerage and financial technology services. It is also involved in software licensing and related support services including the licensing of trading platform app, upgrades and enhancements, maintenance, and other related services to financial institutions. The company was founded on June 25, 2010 and is headquartered in Hong Kong.