U Power Limited (NASDAQ:UCAR) Short Interest Update

U Power Limited (NASDAQ:UCAR) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 231,000 shares, a growth of 349.4% from the January 15th total of 51,400 shares. Based on an average daily volume of 88,700 shares, the short-interest ratio is presently 2.6 days. Approximately 11.2% of the shares of the company are sold short.

U Power Price Performance

Shares of UCAR traded down $0.09 during trading hours on Thursday, reaching $3.53. 18,944 shares of the company’s stock traded hands, compared to its average volume of 166,845. U Power has a twelve month low of $2.31 and a twelve month high of $10.83. The business’s fifty day simple moving average is $6.17 and its two-hundred day simple moving average is $6.57.

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.