U Power Limited (NASDAQ:UCAR) Short Interest Up 353.3% in April

U Power Limited (NASDAQ:UCAR) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 245,700 shares, a growth of 353.3% from the March 31st total of 54,200 shares. Approximately 12.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,480,000 shares, the short-interest ratio is presently 0.2 days.

U Power Stock Performance

Shares of NASDAQ UCAR traded down $0.17 during mid-day trading on Friday, reaching $5.12. The company had a trading volume of 144,578 shares, compared to its average volume of 1,052,018. The company has a 50-day moving average price of $5.67 and a two-hundred day moving average price of $79.68. U Power has a 1-year low of $4.20 and a 1-year high of $1,529.00.

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.