Maase Inc. – Sponsored ADR (NASDAQ:MAAS) Sees Significant Decrease in Short Interest

Maase Inc. – Sponsored ADR (NASDAQ:MAAS) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 8,734 shares, a decrease of 45.4% from the February 12th total of 16,010 shares. Based on an average daily volume of 3,612 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.4% of the company’s stock are sold short. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 3,612 shares, the days-to-cover ratio is currently 2.4 days.

Maase Stock Down 0.4%

Shares of Maase stock traded down $0.02 during midday trading on Friday, reaching $5.48. 516 shares of the company’s stock traded hands, compared to its average volume of 6,479. Maase has a 52 week low of $2.41 and a 52 week high of $14.00. The company’s 50 day simple moving average is $5.81 and its 200 day simple moving average is $4.55.

Maase Company Profile

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.