SunCar Technology Group Inc. (NASDAQ:SDAWW) Sees Large Growth in Short Interest

SunCar Technology Group Inc. (NASDAQ:SDAWW) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 1 shares. Based on an average daily volume of 912 shares, the days-to-cover ratio is currently 0.0 days.

SunCar Technology Group Trading Up 1.9%

NASDAQ:SDAWW traded up $0.00 during midday trading on Tuesday, reaching $0.07. 104,979 shares of the company traded hands, compared to its average volume of 12,054. The company has a fifty day moving average price of $0.11 and a 200 day moving average price of $0.13. SunCar Technology Group has a twelve month low of $0.03 and a twelve month high of $0.25.

About SunCar Technology Group

SunCar Technology Group Inc is a China-based provider of digital automotive services. The company operates an online platform that connects vehicle owners, automobile dealerships, insurers and service providers, with a focus on automotive after-sales services and related consumer offerings.

Its services include vehicle maintenance, roadside assistance, repair and other automotive care solutions, which may be provided through dealership networks and third-party service partners. SunCar also offers online automobile-related services designed to support vehicle purchases and ownership, serving both individual consumers and corporate customers.

The company’s operations are primarily focused on the Chinese market, where it uses digital tools and service networks to facilitate access to automotive products and services.