Pintec Technology Holdings Limited (NASDAQ:PT – Get Free Report) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 400 shares, a drop of 88.9% from the December 15th total of 3,600 shares. Based on an average daily trading volume, of 27,400 shares, the days-to-cover ratio is currently 0.0 days.
Pintec Technology Stock Up 1.0 %
PT traded up $0.01 during trading hours on Tuesday, reaching $1.01. The company’s stock had a trading volume of 5,387 shares, compared to its average volume of 30,786. The company’s 50-day moving average is $0.94 and its 200-day moving average is $0.99. Pintec Technology has a 52 week low of $0.71 and a 52 week high of $1.27.
Analyst Upgrades and Downgrades
Separately, Mizuho raised shares of Pintec Technology to a “hold” rating in a research report on Monday, October 14th.
Pintec Technology Company Profile
Pintec Technology Holdings Limited, together with its subsidiaries, engages in the provision of technology-enabled financial and digital services to the ecosystem of MSMEs and SMEs in the People’s Republic of China. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end users.
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