SunCar Technology Group Inc. (NASDAQ:SDAWW) Short Interest Down 99.4% in June

SunCar Technology Group Inc. (NASDAQ:SDAWWGet Free Report) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 1 shares, a decrease of 99.4% from the May 31st total of 178 shares. Based on an average daily trading volume, of 2,807 shares, the days-to-cover ratio is currently 0.0 days.

SunCar Technology Group Price Performance

NASDAQ SDAWW opened at $0.16 on Friday. SunCar Technology Group has a fifty-two week low of $0.03 and a fifty-two week high of $0.25. The business has a fifty day moving average of $0.13 and a 200-day moving average of $0.10.

About SunCar Technology Group

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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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