U Power Limited (NASDAQ:UCAR) Short Interest Update

U Power Limited (NASDAQ:UCAR) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 59,600 shares, an increase of 80.6% from the December 15th total of 33,000 shares. Currently, 2.9% of the shares of the stock are sold short. Based on an average daily volume of 27,200 shares, the short-interest ratio is presently 2.2 days.

U Power Stock Up 5.1 %

NASDAQ UCAR opened at $7.37 on Wednesday. U Power has a twelve month low of $4.20 and a twelve month high of $16.75. The stock has a 50-day moving average of $6.85 and a 200 day moving average of $6.95.

U Power Company Profile

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.