U Power Limited (NASDAQ:UCAR) Short Interest Update

U Power Limited (NASDAQ:UCAR) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 33,000 shares, a drop of 30.1% from the November 30th total of 47,200 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average trading volume of 21,500 shares, the days-to-cover ratio is currently 1.5 days.

U Power Stock Performance

Shares of U Power stock traded up $0.08 on Monday, hitting $6.71. 41,021 shares of the company’s stock traded hands, compared to its average volume of 187,495. The firm’s 50-day moving average price is $7.00 and its two-hundred day moving average price is $6.96. U Power has a one year low of $4.20 and a one year high of $18.40.

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.