Cheche Group Inc. (NASDAQ:CCGWW) Short Interest Down 93.5% in April

Cheche Group Inc. (NASDAQ:CCGWW) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 200 shares, a decline of 93.5% from the March 31st total of 3,100 shares. Based on an average trading volume of 11,700 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Cheche Group stock. Radcliffe Capital Management L.P. bought a new position in shares of Cheche Group Inc. (NASDAQ:CCGWW) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 171,845 shares of the company’s stock, valued at approximately $35,000.

Cheche Group Stock Performance

NASDAQ:CCGWW remained flat at $0.04 during trading hours on Friday. 42 shares of the company’s stock traded hands, compared to its average volume of 15,384. Cheche Group has a 1 year low of $0.03 and a 1 year high of $1.10. The firm has a 50 day moving average price of $0.08 and a 200 day moving average price of $0.08.

Cheche Group Company Profile

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.