U Power Limited (NASDAQ:UCAR) Short Interest Update

U Power Limited (NASDAQ:UCAR) was the target of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 33,300 shares, a drop of 19.8% from the October 31st total of 41,500 shares. Based on an average daily volume of 17,200 shares, the short-interest ratio is currently 1.9 days. Currently, 1.6% of the shares of the company are short sold.

U Power Trading Up 2.6 %

U Power stock opened at $6.32 on Monday. The stock has a 50-day simple moving average of $6.98 and a 200 day simple moving average of $6.80. U Power has a 52 week low of $4.20 and a 52 week high of $171.97.

About U Power

U Power Limited, together with its subsidiaries, engages in the development, manufacture, and sale of new energy vehicles and battery swapping stations in the People's Republic of China. It also offers battery swapping and sourcing, as well as technical and consultation services. The company was founded in 2013 and is headquartered in Wuhu, the People's Republic of China.