Zoomcar Holdings, Inc. (NASDAQ:ZCARW) Sees Large Increase in Short Interest

Zoomcar Holdings, Inc. (NASDAQ:ZCARW) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 19,500 shares, an increase of 134.9% from the December 15th total of 8,300 shares. Based on an average daily volume of 180,100 shares, the short-interest ratio is presently 0.1 days.

Zoomcar Trading Up 4.6 %

ZCARW stock opened at $0.02 on Wednesday. The company has a 50 day moving average of $0.02 and a two-hundred day moving average of $0.02. Zoomcar has a 12-month low of $0.01 and a 12-month high of $0.15.

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.