Cheche Group Inc. (NASDAQ:CCGWW) Short Interest Down 93.5% in April

Cheche Group Inc. (NASDAQ:CCGWW) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 200 shares, a drop of 93.5% from the March 31st total of 3,100 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is presently 0.0 days.

Cheche Group Price Performance

CCGWW stock remained flat at $0.04 during trading on Friday. The company had a trading volume of 42 shares, compared to its average volume of 15,384. Cheche Group has a 12 month low of $0.03 and a 12 month high of $1.10. The company’s 50 day moving average price is $0.08 and its 200 day moving average price is $0.08.

Institutional Investors Weigh In On Cheche Group

An institutional investor recently bought a new position in Cheche Group stock. Radcliffe Capital Management L.P. purchased a new stake in Cheche Group Inc. (NASDAQ:CCGWW) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 171,845 shares of the company’s stock, valued at approximately $35,000.

Cheche Group Company Profile

Cheche Group Inc operates an online auto insurance platform. It offers non-auto insurance products, such as non-auto P&C products, as well as non-auto insurance transaction services. The company was founded in 2014 and is headquartered in Beijing, China. Cheche Group Inc operates as a subsidiary of Prime Impact Cayman, LLC.