Maase Inc. – Sponsored ADR (NASDAQ:MAAS) Short Interest Update

Maase Inc. – Sponsored ADR (NASDAQ:MAAS) was the recipient of a large decline in short interest in February. As of February 27th, there was short interest totaling 8,734 shares, a decline 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. Currently, 0.4% of the company’s stock are sold short. Currently, 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 Price Performance

MAAS stock traded down $0.12 during mid-day trading on Thursday, reaching $5.59. The company had a trading volume of 3,693 shares, compared to its average volume of 20,764. The firm has a fifty day simple moving average of $5.81 and a 200 day simple moving average of $4.53. Maase has a fifty-two week low of $2.41 and a fifty-two week high of $14.00.

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.