Zoomcar Holdings, Inc. (NASDAQ:ZCARW) Short Interest Up 262.5% in October

Zoomcar Holdings, Inc. (NASDAQ:ZCARW) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 23,200 shares, an increase of 262.5% from the October 15th total of 6,400 shares. Based on an average trading volume of 97,200 shares, the days-to-cover ratio is presently 0.2 days.

Zoomcar Stock Performance

Shares of NASDAQ ZCARW opened at $0.02 on Wednesday. The firm has a 50-day moving average price of $0.02 and a 200 day moving average price of $0.02. Zoomcar has a 52 week low of $0.00 and a 52 week high of $0.18.

About Zoomcar

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.