Short Interest in Cheche Group Inc. (NASDAQ:CCGWW) Expands By 164.7%

Cheche Group Inc. (NASDAQ:CCGWW) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 19,223 shares, an increase of 164.7% from the June 30th total of 7,263 shares. Based on an average daily trading volume, of 1,066 shares, the short-interest ratio is currently 18.0 days.

Cheche Group Stock Down 6.9%

Cheche Group stock traded down $0.00 during mid-day trading on Monday, reaching $0.02. 4,184 shares of the stock traded hands, compared to its average volume of 12,848. Cheche Group has a 12-month low of $0.01 and a 12-month high of $0.05. The business’s 50-day moving average is $0.02 and its 200-day moving average is $0.02.

Cheche Group Company Profile

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.