SunCar Technology Group Inc. (NASDAQ:SDAWW – Get Free Report) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 178 shares, a decline of 48.4% from the May 14th total of 345 shares. Based on an average daily volume of 13,188 shares, the days-to-cover ratio is presently 0.0 days.
SunCar Technology Group Stock Down 2.4%
Shares of NASDAQ:SDAWW traded down $0.00 during midday trading on Monday, reaching $0.12. The company’s stock had a trading volume of 1,015 shares, compared to its average volume of 14,456. The firm has a 50 day moving average price of $0.14 and a two-hundred day moving average price of $0.09. SunCar Technology Group has a fifty-two week low of $0.03 and a fifty-two week high of $0.25.
About SunCar Technology Group
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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