Maase Inc. (NASDAQ:MAAS – Get Free Report) was the recipient of a significant growth in short interest in the month of 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. Based on an average daily trading volume, of 828,108 shares, the days-to-cover ratio is presently 0.7 days. Currently, 27.9% of the company’s shares are short sold.
Maase Trading Up 0.8%
NASDAQ:MAAS traded up $0.09 during trading hours on Wednesday, reaching $11.92. 52,454 shares of the stock were exchanged, 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 simple moving average of $15.79 and a 200-day simple moving average of $13.51.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Maase in a report on Friday, September 25th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has an average rating of “Sell”.
About Maase
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.
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