Short Interest in Waton Financial Limited (NASDAQ:WTF) Increases By 22.8%

Waton Financial Limited (NASDAQ:WTF) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 120,629 shares, an increase of 22.8% from the March 31st total of 98,238 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 6,064 shares, the days-to-cover ratio is currently 19.9 days.

Waton Financial Stock Up 1.4%

WTF stock traded up $0.05 during trading on Thursday, hitting $3.35. 500 shares of the company traded hands, compared to its average volume of 14,431. The stock’s 50-day simple moving average is $3.85 and its 200 day simple moving average is $3.91. Waton Financial has a 1 year low of $2.71 and a 1 year high of $8.11.

Waton Financial (NASDAQ:WTF) last announced its quarterly earnings results on Thursday, January 29th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $3.05 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Waton Financial stock. Boothbay Fund Management LLC purchased a new stake in shares of Waton Financial Limited (NASDAQ:WTF) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm 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 at the end of the most recent 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.