Zoomcar Holdings, Inc. (NASDAQ:ZCAR) Short Interest Update

Zoomcar Holdings, Inc. (NASDAQ:ZCARGet Free Report) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 54,300 shares, an increase of 47.2% from the February 29th total of 36,900 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,070,000 shares, the short-interest ratio is presently 0.1 days.

Zoomcar Stock Up 5.3 %

Shares of Zoomcar stock opened at $0.61 on Friday. Zoomcar has a 12 month low of $0.56 and a 12 month high of $14.75. The business’s fifty day moving average is $1.79.

Zoomcar (NASDAQ:ZCARGet Free Report) last posted its earnings results on Wednesday, February 14th. The company reported $0.90 earnings per share (EPS) for the quarter. The business had revenue of $2.42 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Zoomcar stock. Clear Street LLC bought a new stake in Zoomcar Holdings, Inc. (NASDAQ:ZCARFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,999 shares of the company’s stock, valued at approximately $26,000. Clear Street LLC owned 0.07% of Zoomcar at the end of the most recent quarter. 3.71% of the stock is owned by institutional investors.

About Zoomcar

(Get Free Report)

Zoomcar Holdings, Inc operates a marketplace for car sharing in India, Indonesia, and Egypt. It connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. The company was founded in 2013 and is based in Bronxville, New York.

Featured Stories

Receive News & Ratings for Zoomcar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zoomcar and related companies with MarketBeat.com's FREE daily email newsletter.