Zoomcar Holdings, Inc. (NASDAQ:ZCAR - Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totalling 8,700 shares, a decline of 98.9% from the September 30th total of 759,100 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average trading volume of 82,500 shares, the short-interest ratio is presently 0.1 days.
Zoomcar Stock Down 23.2 %
Shares of NASDAQ:ZCAR traded down $1.85 during midday trading on Friday, hitting $6.12. The stock had a trading volume of 209,311 shares, compared to its average volume of 63,751. The stock has a 50 day moving average price of $13.14 and a two-hundred day moving average price of $18.22. Zoomcar has a 1 year low of $5.40 and a 1 year high of $1,289.00.
Zoomcar (NASDAQ:ZCAR - Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported ($4.00) earnings per share for the quarter. The firm had revenue of $2.24 million for the quarter.
Zoomcar Company Profile
(
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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.
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