Short Interest in U Power Limited (NASDAQ:UCAR) Decreases By 19.8%

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

U Power Stock Performance

Shares of UCAR stock opened at $6.32 on Monday. U Power has a 12-month low of $4.20 and a 12-month high of $171.97. The firm has a 50 day moving average price of $6.98 and a two-hundred day moving average price of $6.80.

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.