Short Interest in Maase Inc. – Sponsored ADR (NASDAQ:MAAS) Expands By 198.5%

Maase Inc. – Sponsored ADR (NASDAQ:MAAS) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 139,586 shares, an increase of 198.5% from the April 15th total of 46,769 shares. Based on an average trading volume of 857,213 shares, the days-to-cover ratio is presently 0.2 days. Approximately 7.1% of the shares of the company are short sold.

Maase Stock Up 2.4%

Shares of MAAS stock traded up $0.24 during mid-day trading on Thursday, reaching $10.14. The stock had a trading volume of 17,506 shares, compared to its average volume of 493,581. Maase has a 1-year low of $2.41 and a 1-year high of $20.89. The business’s fifty day moving average is $7.22 and its 200-day moving average is $5.75.

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.