SunCar Technology Group Inc. (NASDAQ:SDAWW – Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 174 shares, an increase of 3,380.0% from the June 30th total of 5 shares. Based on an average trading volume of 718 shares, the days-to-cover ratio is currently 0.2 days.
SunCar Technology Group Stock Down 0.1%
SDAWW traded down $0.00 during midday trading on Friday, reaching $0.16. 555 shares of the company’s stock were exchanged, compared to its average volume of 12,435. SunCar Technology Group has a one year low of $0.03 and a one year high of $0.25. The business has a 50-day simple moving average of $0.13 and a two-hundred day simple moving average of $0.11.
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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