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. Based on an average daily trading volume, of 21,500 shares, the short-interest ratio is presently 1.5 days. Currently, 1.6% of the shares of the stock are short sold.

U Power Price Performance

Shares of UCAR stock traded down $0.05 during mid-day trading on Friday, hitting $6.63. The company had a trading volume of 5,603 shares, compared to its average volume of 188,081. The stock’s 50 day moving average price is $7.00 and its 200-day moving average price is $6.96. U Power has a 52-week low of $4.20 and a 52-week high of $23.00.

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.