Zoomcar Holdings, Inc. (NASDAQ:ZCARW) Short Interest Down 50.0% in February

Zoomcar Holdings, Inc. (NASDAQ:ZCARW) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 54,200 shares, a decrease of 50.0% from the February 13th total of 108,500 shares. Based on an average trading volume of 111,600 shares, the days-to-cover ratio is presently 0.5 days.

Zoomcar Price Performance

Shares of ZCARW stock opened at $0.01 on Friday. The company’s fifty day simple moving average is $0.02 and its two-hundred day simple moving average is $0.02. Zoomcar has a 1 year low of $0.01 and a 1 year high of $0.05.

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.