According to a recent filing with the Securities and Exchange Commission (SEC), Virtu Financial LLC sold 52,370 shares of SunCar Technology Group Inc., reducing its holdings by 64.1% in the fourth quarter. This leaves the fund with 29,311 shares of the company’s stock, valued at $242,000 as of their most recent filing.
SunCar Technology Group Inc.’s stock opened at $8.25 on Friday, with a 50-day moving average price of $7.75 and a 200-day moving average price of $7.61. The stock has ranged from a fifty-two week low of $5.43 to a high of $28.34.
SunCar Technology Group Inc., operating in China, provides digitalized automotive after-sales services and online insurance intermediation services through its subsidiaries. The company is divided into three segments: Insurance Intermediation Business, Automotive After-Sales Business, and Technology Business.
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