SunCar Technology Group Inc. (NASDAQ:SDAWW) Sees Large Decrease in Short Interest

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

SunCar Technology Group Price Performance

SDAWW stock opened at $0.12 on Thursday. The stock has a 50-day simple moving average of $0.14 and a two-hundred day simple moving average of $0.12. SunCar Technology Group has a twelve month low of $0.03 and a twelve month high of $0.25.

SunCar Technology Group Company Profile

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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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