U Power Limited (NASDAQ:UCAR) Short Interest Update

U Power Limited (NASDAQ:UCAR) was the target of a large decrease in short interest in 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. Currently, 1.6% of the shares of the stock are short sold. Based on an average daily volume of 17,200 shares, the short-interest ratio is presently 1.9 days.

U Power Price Performance

UCAR traded up $0.16 on Friday, reaching $6.32. The stock had a trading volume of 14,530 shares, compared to its average volume of 201,123. U Power has a fifty-two week low of $4.20 and a fifty-two week high of $171.97. The firm has a 50-day moving average of $6.98 and a 200-day moving average of $6.78.

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.