SunCar Technology Group Inc. (NASDAQ:SDAWW) Sees Significant Decrease in Short Interest
by Tristan Rich · The Markets DailySunCar Technology Group Inc. (NASDAQ:SDAWW – Get Free Report) saw a significant decrease in short interest during the month of 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 short-interest ratio is currently 0.0 days.
SunCar Technology Group Stock Performance
NASDAQ SDAWW traded up $0.01 during trading on Thursday, hitting $0.16. 601 shares of the stock traded hands, 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 firm has a 50-day simple moving average of $0.13 and a 200-day simple moving average of $0.10.
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.