SunCar Technology Group Inc. (NASDAQ:SDAWW) Short Interest Update

SunCar Technology Group Inc. (NASDAQ:SDAWW) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 931 shares, an increase of 28.2% from the March 31st total of 726 shares. Based on an average trading volume of 13,503 shares, the short-interest ratio is currently 0.1 days.

SunCar Technology Group Trading Down 4.5%

Shares of NASDAQ:SDAWW traded down $0.01 during trading on Wednesday, reaching $0.19. 1,500 shares of the stock were exchanged, compared to its average volume of 17,491. SunCar Technology Group has a 12 month low of $0.03 and a 12 month high of $0.25. The stock has a 50-day moving average price of $0.14 and a 200-day moving average price of $0.08.

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.