Cheche Group Inc. (NASDAQ:CCGWW) Short Interest Update

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

Cheche Group Price Performance

Shares of CCGWW stock remained flat at $0.04 during trading on Thursday. Cheche Group has a 52 week low of $0.03 and a 52 week high of $1.10. The firm has a 50 day simple moving average of $0.08 and a two-hundred day simple moving average of $0.08.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Cheche Group stock. Radcliffe Capital Management L.P. acquired a new stake in Cheche Group Inc. (NASDAQ:CCGWW) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 171,845 shares of the company’s stock, valued at approximately $35,000.

About Cheche Group

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.