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

Zoomcar Holdings, Inc. (NASDAQ:ZCARW) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 6,400 shares, a drop of 44.8% from the September 30th total of 11,600 shares. Based on an average daily volume of 22,400 shares, the days-to-cover ratio is presently 0.3 days.

Zoomcar Stock Performance

Shares of ZCARW stock opened at $0.02 on Monday. Zoomcar has a 52 week low of $0.00 and a 52 week high of $0.18. The company’s 50 day moving average price is $0.01 and its two-hundred day moving average price is $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.