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

SunCar Technology Group Inc. (NASDAQ:SDAWWGet Free Report) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1 shares, a decrease of 99.4% from the July 15th total of 174 shares. Based on an average daily volume of 2,295 shares, the short-interest ratio is currently 0.0 days.

SunCar Technology Group Price Performance

Shares of SunCar Technology Group stock traded down $0.00 on Tuesday, reaching $0.12. The business’s 50-day moving average is $0.14 and its 200-day moving average is $0.12. SunCar Technology Group has a 52 week low of $0.03 and a 52 week high of $0.25.

About SunCar Technology Group

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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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