SunCar Technology Group Inc. (NASDAQ:SDAWW – Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 178 shares, a drop of 48.4% from the May 14th total of 345 shares. Based on an average trading volume of 13,188 shares, the days-to-cover ratio is presently 0.0 days.
SunCar Technology Group Price Performance
SunCar Technology Group stock traded down $0.00 during trading on Friday, reaching $0.12. The company had a trading volume of 1,015 shares, compared to its average volume of 14,456. The firm’s 50-day simple moving average is $0.14 and its 200 day simple moving average is $0.09. SunCar Technology Group has a 1-year low of $0.03 and a 1-year high of $0.25.
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.
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