Zoomcar Holdings, Inc. (NASDAQ:ZCAR – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 32,200 shares, an increase of 270.1% from the October 15th total of 8,700 shares. Approximately 4.8% of the company’s shares are sold short. Based on an average daily volume of 684,100 shares, the short-interest ratio is currently 0.0 days.
Zoomcar Stock Down 8.8 %
Shares of ZCAR stock opened at $6.50 on Thursday. Zoomcar has a one year low of $3.93 and a one year high of $1,289.00. The company has a 50 day moving average price of $11.18 and a 200 day moving average price of $15.50.
Zoomcar (NASDAQ:ZCAR – Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($4.00) EPS for the quarter. The business had revenue of $2.24 million during the quarter.
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.
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