Short Interest in Cheche Group Inc. (NASDAQ:CCGWW) Increases By 164.7%

Cheche Group Inc. (NASDAQ:CCGWW – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 19,223 shares, a growth of 164.7% from the June 30th total of 7,263 shares. Based on an average trading volume of 1,066 shares, the days-to-cover ratio is presently 18.0 days.

Cheche Group Trading Down 6.4%

NASDAQ CCGWW traded down $0.00 on Tuesday, reaching $0.02. 4,184 shares of the company’s stock traded hands, compared to its average volume of 12,848. The stock has a 50 day moving average price of $0.02 and a 200-day moving average price of $0.02. Cheche Group has a fifty-two week low of $0.01 and a fifty-two week high of $0.05.

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Cheche Group Company Profile

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Cheche Group Inc operates an auto insurance technology platform. The company offers non-auto insurance products, such as non-auto P&C products, as well as non-auto insurance transaction services. Its digital insurance transaction products include Easy-Insur, an auto-insurance transaction platform; Sky Frontier, an AI-based business intelligence platform for auto insurance; Digital Surge, an intelligent cloud-based Saas solution for insurance intermediaries; and NEV Insurance solution. The company was founded in 2014 and is headquartered in Beijing, China.

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