SunCar Technology Group Inc. (NASDAQ:SDAWW – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 345 shares, a decline of 57.1% from the April 30th total of 805 shares. Based on an average daily volume of 3,086 shares, the days-to-cover ratio is presently 0.1 days.
SunCar Technology Group Trading Up 17.3%
SDAWW traded up $0.01 during trading hours on Friday, hitting $0.08. The company’s stock had a trading volume of 5,088 shares, compared to its average volume of 15,385. The business’s 50-day moving average price is $0.15 and its 200-day moving average price is $0.09. SunCar Technology Group has a 12 month low of $0.03 and a 12 month high of $0.25.
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.
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