Cheche Group Inc. (NASDAQ:CCGWW) Sees Large Growth in Short Interest

Cheche Group Inc. (NASDAQ:CCGWW) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 38,104 shares, an increase of 13.5% from the March 31st total of 33,570 shares. Based on an average daily trading volume, of 1,366 shares, the short-interest ratio is presently 27.9 days.

Cheche Group Trading Up 3.1%

NASDAQ:CCGWW traded up $0.00 during trading hours on Friday, reaching $0.02. 13,522 shares of the company were exchanged, compared to its average volume of 8,879. The business has a 50 day moving average of $0.02 and a 200 day moving average of $0.03. Cheche Group has a 1-year low of $0.02 and a 1-year 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.