Pagaya Technologies Ltd. (NASDAQ:PGYWW) Sees Large Drop in Short Interest

Pagaya Technologies Ltd. (NASDAQ:PGYWW) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 6,900 shares, a decrease of 64.6% from the November 30th total of 19,500 shares. Based on an average daily trading volume, of 127,800 shares, the days-to-cover ratio is currently 0.1 days.

Pagaya Technologies Price Performance

NASDAQ:PGYWW remained flat at $0.09 during trading hours on Thursday. The company had a trading volume of 82,755 shares, compared to its average volume of 64,916. The company has a 50-day simple moving average of $0.12 and a two-hundred day simple moving average of $0.15. Pagaya Technologies has a 52-week low of $0.05 and a 52-week high of $0.29.

Pagaya Technologies Company Profile

Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial institutions and investors in the United States, Israel, the Cayman Islands, and internationally. The company develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets.