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

U Power Limited (NASDAQ:UCAR) was the target of a significant growth in short interest in the month of 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. Currently, 12.2% of the shares of the company are sold short. Based on an average daily volume of 1,480,000 shares, the short-interest ratio is currently 0.2 days.

U Power Trading Down 3.2 %

Shares of NASDAQ:UCAR traded down $0.17 during trading on Friday, reaching $5.12. 144,578 shares of the stock were exchanged, compared to its average volume of 1,052,018. U Power has a 12 month low of $4.20 and a 12 month high of $1,529.00. The stock has a 50-day moving average price of $5.67 and a 200-day moving average price of $79.68.

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.