SunCar Technology Group Inc. (NASDAQ:SDAWW) Sees Significant Decrease in Short Interest

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

SunCar Technology Group Stock Performance

Shares of SDAWW traded up $0.01 during mid-day trading on Thursday, reaching $0.16. The stock had a trading volume of 601 shares, compared to its average volume of 14,293. SunCar Technology Group has a 12 month low of $0.03 and a 12 month high of $0.25. The business has a fifty day moving average of $0.13 and a 200 day moving average of $0.10.

SunCar Technology Group Company Profile

(Get Free Report)

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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