Zoomcar Holdings, Inc. (NASDAQ:ZCARW) Short Interest Down 57.3% in November

Zoomcar Holdings, Inc. (NASDAQ:ZCARW) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 9,900 shares, a decline of 57.3% from the October 31st total of 23,200 shares. Based on an average daily trading volume, of 100,200 shares, the days-to-cover ratio is presently 0.1 days.

Zoomcar Stock Performance

Shares of Zoomcar stock opened at $0.02 on Thursday. The company has a fifty day simple moving average of $0.02 and a 200-day simple moving average of $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.