Maase Inc. (NASDAQ:MAAS) Sees Significant Growth in Short Interest

Maase Inc. (NASDAQ:MAAS) was the target of a large growth in short interest during 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. Approximately 27.9% of the company’s stock are short sold. Based on an average daily trading volume, of 828,108 shares, the days-to-cover ratio is presently 0.7 days.

Maase Price Performance

NASDAQ MAAS traded up $0.69 during trading on Thursday, reaching $12.61. The company’s stock had a trading volume of 74,368 shares, compared to its average volume of 171,182. The firm has a fifty day moving average of $15.66 and a 200 day moving average of $13.56. Maase has a one year low of $2.91 and a one year high of $24.90.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Maase in a research report on Friday, September 25th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company currently has a consensus 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.