Short Interest in Cheche Group Inc. (NASDAQ:CCGWW) Drops By 93.9%

Cheche Group Inc. (NASDAQ:CCGWW) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,329 shares, a decline of 93.9% from the April 15th total of 38,104 shares. Based on an average trading volume of 6,127 shares, the short-interest ratio is currently 0.4 days.

Cheche Group Stock Performance

Shares of Cheche Group stock traded down $0.00 during midday trading on Tuesday, hitting $0.02. The company had a trading volume of 16,250 shares, compared to its average volume of 8,426. The company has a fifty day simple moving average of $0.02 and a 200 day simple moving average of $0.03. Cheche Group has a 12-month low of $0.02 and a 12-month high of $0.05.

About Cheche Group

Cheche Group Inc operates an auto insurance technology platform. The company offers non-auto insurance products, such as non-auto P&C products, as well as non-auto insurance transaction services. Its digital insurance transaction products include Easy-Insur, an auto-insurance transaction platform; Sky Frontier, an AI-based business intelligence platform for auto insurance; Digital Surge, an intelligent cloud-based Saas solution for insurance intermediaries; and NEV Insurance solution. The company was founded in 2014 and is headquartered in Beijing, China.