Zoomcar Holdings, Inc. (NASDAQ:ZCARW) Short Interest Update

Zoomcar Holdings, Inc. (NASDAQ:ZCARW) was the target of a significant drop in short interest during 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 trading volume of 22,400 shares, the short-interest ratio is presently 0.3 days.

Zoomcar Stock Performance

Shares of ZCARW opened at $0.02 on Friday. The company’s 50 day simple moving average is $0.01 and its 200-day simple moving average is $0.02. Zoomcar has a 12-month low of $0.00 and a 12-month high of $0.18.

About Zoomcar

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.