Short Interest in Cheche Group Inc. (NASDAQ:CCGWW) Declines By 93.9%

Cheche Group Inc. (NASDAQ:CCGWW) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 2,329 shares, a decrease of 93.9% from the April 15th total of 38,104 shares. Based on an average daily volume of 6,127 shares, the short-interest ratio is currently 0.4 days.

Cheche Group Price Performance

NASDAQ CCGWW traded up $0.00 on Monday, hitting $0.02. The stock had a trading volume of 500 shares, compared to its average volume of 8,035. Cheche Group has a one year low of $0.02 and a one year high of $0.05. The company’s 50-day moving average is $0.02 and its two-hundred day moving average is $0.03.

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.