U Power Limited (NASDAQ:UCAR) Short Interest Update

U Power Limited (NASDAQ:UCAR) was the recipient of a large increase in short interest during the month of 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. Based on an average daily volume of 27,200 shares, the short-interest ratio is currently 2.2 days. Currently, 2.9% of the shares of the stock are sold short.

U Power Trading Up 5.1 %

UCAR stock opened at $7.37 on Wednesday. U Power has a 12-month low of $4.20 and a 12-month high of $16.75. The business’s 50-day moving average is $6.85 and its 200 day moving average is $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.