SunCar Technology Group Inc. (NASDAQ:SDAWW) Short Interest Up 27.3% in February

SunCar Technology Group Inc. (NASDAQ:SDAWW) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 10,728 shares, an increase of 27.3% from the January 29th total of 8,425 shares. Based on an average daily volume of 3,554 shares, the short-interest ratio is presently 3.0 days. Based on an average daily volume of 3,554 shares, the short-interest ratio is presently 3.0 days.

SunCar Technology Group Stock Up 0.5%

SunCar Technology Group stock traded up $0.00 during midday trading on Wednesday, reaching $0.06. The company’s stock had a trading volume of 17,955 shares, compared to its average volume of 14,107. The business has a 50-day simple moving average of $0.04 and a 200-day simple moving average of $0.05. SunCar Technology Group has a fifty-two week low of $0.03 and a fifty-two week high of $0.24.

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.