Cheche Group Inc. (NASDAQ:CCGWW – Get Free Report) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 200 shares, a drop of 93.5% from the March 31st total of 3,100 shares. Based on an average daily trading volume, of 11,700 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Trading of Cheche Group
An institutional investor recently bought a new position in Cheche Group stock. Radcliffe Capital Management L.P. purchased a new stake in Cheche Group Inc. (NASDAQ:CCGWW – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 171,845 shares of the company’s stock, valued at approximately $35,000.
Cheche Group Price Performance
NASDAQ:CCGWW remained flat at $0.04 during trading hours on Thursday. The business has a fifty day moving average price of $0.08 and a 200-day moving average price of $0.08. Cheche Group has a fifty-two week low of $0.03 and a fifty-two week high of $1.10.
About Cheche Group
Cheche Group Inc operates an online auto insurance platform. It offers non-auto insurance products, such as non-auto P&C products, as well as non-auto insurance transaction services. The company was founded in 2014 and is headquartered in Beijing, China. Cheche Group Inc operates as a subsidiary of Prime Impact Cayman, LLC.
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