SunCar Technology Group Inc. (NASDAQ:SDAWW) Short Interest Down 99.4% in July

SunCar Technology Group Inc. (NASDAQ:SDAWWGet Free Report) was the target of a large decline in short interest in 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 trading volume, of 2,295 shares, the days-to-cover ratio is currently 0.0 days.

SunCar Technology Group Price Performance

Shares of NASDAQ SDAWW traded down $0.00 during mid-day trading on Wednesday, reaching $0.12. SunCar Technology Group has a 52 week low of $0.03 and a 52 week high of $0.25. The company’s 50 day moving average price is $0.14 and its 200 day moving average price is $0.12.

About SunCar Technology Group

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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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