Cheche Group Inc. (NASDAQ:CCGWW) Short Interest Down 59.4% in July

Cheche Group Inc. (NASDAQ:CCGWW) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 7,804 shares, a drop of 59.4% from the July 15th total of 19,223 shares. Based on an average daily volume of 11,731 shares, the short-interest ratio is presently 0.7 days.

Cheche Group Stock Performance

Shares of NASDAQ:CCGWW remained flat at $0.01 during trading on Friday. The business has a 50-day simple moving average of $0.02 and a 200-day simple moving average of $0.02. Cheche Group has a one year low of $0.01 and a one year high of $0.05.

Cheche Group Company Profile

Cheche Group Inc operates an auto insurance technology platform. The company offers non-auto insurance products, such as non-auto P&C products, as well as non-auto insurance transaction services. Its digital insurance transaction products include Easy-Insur, an auto-insurance transaction platform; Sky Frontier, an AI-based business intelligence platform for auto insurance; Digital Surge, an intelligent cloud-based Saas solution for insurance intermediaries; and NEV Insurance solution. The company was founded in 2014 and is headquartered in Beijing, China.