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

Maase Inc. – Sponsored ADR (NASDAQ:MAAS) was the target of a significant increase in short interest during 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. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 30,059 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 30,059 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the company’s shares are short sold.

Maase Stock Up 4.6%

NASDAQ MAAS traded up $0.24 during mid-day trading on Monday, reaching $5.50. 6,640 shares of the stock were exchanged, compared to its average volume of 10,200. Maase has a 1-year low of $2.41 and a 1-year high of $17.15. The business’s fifty day simple moving average is $4.57 and its 200 day simple moving average 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.