Short Interest in Zoomcar Holdings, Inc. (NASDAQ:ZCARW) Declines By 12.6%

Zoomcar Holdings, Inc. (NASDAQ:ZCARW) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 108,500 shares, a decline of 12.6% from the January 31st total of 124,200 shares. Based on an average trading volume of 110,200 shares, the short-interest ratio is presently 1.0 days.

Zoomcar Trading Down 14.6 %

NASDAQ ZCARW opened at $0.01 on Friday. Zoomcar has a 12 month low of $0.01 and a 12 month high of $0.05. The stock has a 50-day simple moving average of $0.02 and a 200 day simple 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.