Maase Inc. – Sponsored ADR (NASDAQ:MAAS) Short Interest Up 21.4% in December

Maase Inc. – Sponsored ADR (NASDAQ:MAAS) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 7,580 shares, an increase of 21.4% from the December 15th total of 6,244 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 30,059 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 30,059 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the company’s stock are sold short.

Maase Stock Performance

Maase stock traded up $0.24 during midday trading on Monday, hitting $5.50. 6,640 shares of the company were exchanged, compared to its average volume of 10,200. Maase has a fifty-two week low of $2.41 and a fifty-two week high of $17.15. The company’s fifty day moving average price is $4.57 and its 200-day moving average price is $3.97.

About Maase

Puyi Inc provides third-party wealth management services in China. The company distributes publicly raised fund and privately raised securities investment fund products through online and offline. It also provides asset management services that include managing fund of funds and non-performing loan funds; and corporate financing services. Puyi Inc was incorporated in 2018 and is headquartered in Guangzhou, China.