SunCar Technology Group Inc. (NASDAQ:SDAWW – Get Free Report) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 2,832 shares, a drop of 22.0% from the February 26th total of 3,632 shares. Based on an average trading volume of 7,378 shares, the days-to-cover ratio is currently 0.4 days.
SunCar Technology Group Trading Down 11.6%
Shares of NASDAQ:SDAWW opened at $0.17 on Friday. The firm’s 50-day moving average is $0.07 and its two-hundred day moving average is $0.06. SunCar Technology Group has a 1 year low of $0.03 and a 1 year high of $0.22.
SunCar Technology Group Company Profile
SunCar Technology Group Ltd is a Cayman Islands holding company that develops, manufactures and sells new energy smart vehicles in China. Through its PRC subsidiaries, the company integrates design, research and development, production and sales of low-speed electric vehicles, including passenger micro-cars, commercial vans and specialized light electric vehicles for applications such as last-mile delivery and campus transportation.
Headquartered in Kunshan, Jiangsu Province, SunCar serves customers across multiple regions of the People’s Republic of China.
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