SunCar Technology Group Inc. (NASDAQ:SDAWW) Short Interest Up 3,380.0% in July

SunCar Technology Group Inc. (NASDAQ:SDAWWGet Free Report) saw a large 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 presently 0.2 days.

SunCar Technology Group Stock Down 0.1%

Shares of SunCar Technology Group stock opened at $0.16 on Friday. The stock’s fifty day moving average is $0.13 and its two-hundred day moving average is $0.11. SunCar Technology Group has a 52 week low of $0.03 and a 52 week high of $0.25.

SunCar Technology Group Company Profile

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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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