SunCar Technology Group Inc. (NASDAQ:SDAWW – Get Free Report) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 3,632 shares, a decrease of 66.1% from the February 12th total of 10,728 shares. Based on an average daily volume of 20,043 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 20,043 shares, the days-to-cover ratio is presently 0.2 days.
SunCar Technology Group Trading Up 3.7%
SDAWW opened at $0.08 on Wednesday. The firm has a 50-day moving average price of $0.05 and a 200-day moving average price of $0.05. SunCar Technology Group has a twelve month low of $0.03 and a twelve month high of $0.24.
SunCar Technology Group Company Profile
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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