Zoomcar Holdings, Inc. (NASDAQ:ZCARW) Sees Significant Decline in Short Interest

Zoomcar Holdings, Inc. (NASDAQ:ZCARW) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 8,300 shares, a drop of 23.1% from the November 30th total of 10,800 shares. Based on an average daily trading volume, of 128,400 shares, the short-interest ratio is presently 0.1 days.

Zoomcar Stock Down 28.7 %

Shares of NASDAQ ZCARW opened at $0.02 on Monday. Zoomcar has a 1-year low of $0.01 and a 1-year high of $0.18. The business has a 50-day moving average of $0.02 and a 200-day moving average of $0.02.

Zoomcar Company Profile

Zoomcar Holdings, Inc operates a marketplace for car sharing in India, Indonesia, and Egypt. It connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. The company was founded in 2013 and is based in Bronxville, New York.