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Short interest in Niu Technologies fell 27% by Dec. 31, with 1.5% of shares shorted and a 1.0-day cover ratio.
Short interest in Niu Technologies (NIU) dropped 27.1% to 1.04 million shares by December 31, with 1.5% of shares shorted and a 1.0-day cover ratio.
The stock closed at $3.14, down slightly, with a market cap of $244.67 million and a negative P/E of -62.80.
The company reported third-quarter earnings of $0.14 per share on $237.94 million in revenue, but posted negative net margin and return on equity.
Niu, based in Beijing, makes smart electric scooters with IoT features.
Analysts maintain a mixed outlook, averaging a "sell" rating.
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Los intereses en corto en Niu Technologies cayeron un 27% al 31 de diciembre, con un 1,5% de acciones en corto y un índice de cobertura de 1,0 días.