Short Interest in Maase Inc. – Sponsored ADR (NASDAQ:MAAS) Declines By 24.8%

Maase Inc. – Sponsored ADR (NASDAQ:MAAS) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 6,244 shares, a decline of 24.8% from the November 30th total of 8,301 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 58,320 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 58,320 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.3% of the shares of the company are sold short.

Maase Stock Up 3.3%

Shares of NASDAQ:MAAS traded up $0.16 during trading on Tuesday, hitting $5.05. The stock had a trading volume of 12,674 shares, compared to its average volume of 47,503. Maase has a 12-month low of $2.41 and a 12-month high of $26.40. The business’s 50-day moving average price is $4.09.

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.