Short Interest in Captivision Inc. (NASDAQ:CAPT) Drops By 22.0%

Captivision Inc. (NASDAQ:CAPT) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 314,600 shares, a decline of 22.0% from the February 13th total of 403,100 shares. Based on an average daily volume of 4,790,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Captivision

A hedge fund recently bought a new stake in Captivision stock. XTX Topco Ltd bought a new stake in Captivision Inc. (NASDAQ:CAPT) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 14,731 shares of the company’s stock, valued at approximately $29,000.

Captivision Stock Down 5.7 %

Shares of CAPT stock traded down $0.04 during trading on Tuesday, hitting $0.62. The company had a trading volume of 293,541 shares, compared to its average volume of 1,360,448. Captivision has a 52 week low of $0.37 and a 52 week high of $6.75. The stock’s 50-day moving average is $0.53 and its two-hundred day moving average is $1.11.

Captivision Company Profile

Captivision Inc engages in the development and manufacture of an architectural media glass product called G-Glass which is an IT-enabled construction material capable of transforming buildings into digital media devices. The company was founded on February 24, 2023 and is headquartered in Nailsworth, the United Kingdom.