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

Zoomcar Holdings, Inc. (NASDAQ:ZCAR) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 116,100 shares, an increase of 260.6% from the October 31st total of 32,200 shares. Approximately 17.6% of the shares of the company are short sold. Based on an average daily volume of 702,100 shares, the days-to-cover ratio is presently 0.2 days.

Zoomcar Stock Down 7.8 %

ZCAR traded down $0.41 during midday trading on Wednesday, reaching $4.86. The company had a trading volume of 61,207 shares, compared to its average volume of 243,834. Zoomcar has a 12-month low of $3.93 and a 12-month high of $1,289.00. The business has a 50-day moving average price of $9.90 and a two-hundred day moving average price of $13.71.

Zoomcar Company Profile

Zoomcar Holdings, Inc operates a marketplace for car sharing in India, Indonesia, and Egypt. The company connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. Its platform offers vehicle searching and discovery, host and guest chat, vehicle and driver tracking, and ratings services.