Maase Inc. (NASDAQ:MAAS) Shares Shorted: Short Interest Up 95.2% in September

Maase Inc. (NASDAQ:MAAS) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 551,450 shares, a growth of 95.2% from the September 15th total of 282,542 shares. Currently, 27.9% of the shares of the stock are short sold. Based on an average trading volume of 828,108 shares, the days-to-cover ratio is currently 0.7 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Maase in a research note on Friday, September 25th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Maase Stock Up 0.8%

MAAS traded up $0.09 during midday trading on Wednesday, hitting $11.92. The company’s stock had a trading volume of 52,454 shares, compared to its average volume of 171,679. Maase has a 52-week low of $2.88 and a 52-week high of $24.90. The firm has a 50-day moving average price of $15.79 and a two-hundred day moving average price of $13.51.

Maase Company Profile

Maase Inc operates as an integrated provider and operator of an artificial intelligence AI-centric full-scene digital systems. The company focuses on areas of flexible energy deployment and intelligent commercial network operation, and provide closed-loop solutions from computing infrastructure, smart hardware and full-scene services, aiming to achieve large-scale implementation of AI technologies across industries. The company was founded in 2010 and is based in Chengdu, China.