Short Interest in Waton Financial Limited (NASDAQ:WTF) Decreases By 18.6%

Waton Financial Limited (NASDAQ:WTF) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 159,517 shares, a drop of 18.6% from the February 12th total of 195,863 shares. Based on an average daily volume of 17,725 shares, the days-to-cover ratio is presently 9.0 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 17,725 shares, the days-to-cover ratio is presently 9.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Waton Financial stock. Boothbay Fund Management LLC purchased a new position in Waton Financial Limited (NASDAQ:WTF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 88,713 shares of the company’s stock, valued at approximately $293,000. Boothbay Fund Management LLC owned approximately 0.19% of Waton Financial as of its most recent filing with the Securities & Exchange Commission.

Waton Financial Stock Down 5.1%

WTF opened at $2.98 on Friday. The business’s 50 day moving average is $3.82 and its 200-day moving average is $4.44. Waton Financial has a twelve month low of $2.71 and a twelve month high of $19.85.

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

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.