Pagaya Technologies Ltd. (NASDAQ:PGYWW) Short Interest Down 64.6% in December

Pagaya Technologies Ltd. (NASDAQ:PGYWW) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 6,900 shares, a drop 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 Stock Performance

Shares of NASDAQ PGYWW remained flat at $0.08 during midday trading on Friday. The company’s stock had a trading volume of 56,809 shares, compared to its average volume of 64,946. The business’s 50 day moving average price is $0.11 and its 200-day moving average price is $0.15. Pagaya Technologies has a 12 month low of $0.05 and a 12 month high of $0.29.

About Pagaya Technologies

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.