Black Bebe skirt with slit

Pencil skirt with slit that falls on the right leg. Spandex type fabric. Can we worn high waist if you want a shorter look, or at the waist for a more formal look. Beads detail at the slit. Measurements taken flat are: 21 in long; waist 14 in (it stretches); slit length 11 in. So flattering!