SunCar Technology Group Inc. (NASDAQ:SDAWW) Sees Significant Growth in Short Interest

SunCar Technology Group Inc. (NASDAQ:SDAWW) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 931 shares, an increase of 28.2% from the March 31st total of 726 shares. Based on an average daily trading volume, of 13,503 shares, the short-interest ratio is currently 0.1 days.

SunCar Technology Group Trading Up 15.4%

NASDAQ SDAWW traded up $0.03 during trading hours on Friday, hitting $0.20. 102 shares of the company were exchanged, compared to its average volume of 16,960. SunCar Technology Group has a 52 week low of $0.03 and a 52 week high of $0.25. The stock has a 50-day moving average price of $0.14 and a 200 day moving average price of $0.08.

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.