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

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

Zoomcar Price Performance

Zoomcar stock opened at $0.02 on Thursday. The firm has a 50 day simple moving average of $0.02 and a 200-day simple moving average of $0.02. Zoomcar has a 1-year low of $0.01 and a 1-year high of $0.05.

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.