SunCar Technology Group Inc. (NASDAQ:SDA) Short Interest Down 33.1% in April

SunCar Technology Group Inc. (NASDAQ:SDA) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 120,400 shares, a drop of 33.1% from the March 31st total of 180,000 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily volume of 312,800 shares, the short-interest ratio is currently 0.4 days.

SunCar Technology Group Stock Up 6.1 %

Shares of SDA traded up $0.44 during trading hours on Friday, hitting $7.63. The company had a trading volume of 254,795 shares, compared to its average volume of 233,494. The stock’s 50 day moving average price is $6.92 and its 200 day moving average price is $7.63. SunCar Technology Group has a 52-week low of $3.80 and a 52-week high of $45.73.

SunCar Technology Group Company Profile

SunCar Technology Group Inc, through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China. It operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business.