Short Interest in Katapult Holdings, Inc. (NASDAQ:KPLTW) Rises By 566.7%

Katapult Holdings, Inc. (NASDAQ:KPLTW) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 12,000 shares, a growth of 566.7% from the September 30th total of 1,800 shares. Based on an average daily trading volume, of 58,900 shares, the short-interest ratio is currently 0.2 days.

Katapult Stock Down 17.4 %

Shares of KPLTW traded down $0.00 during mid-day trading on Friday, hitting $0.01. 19,594 shares of the company were exchanged, compared to its average volume of 75,991. Katapult has a 1-year low of $0.00 and a 1-year high of $0.03. The company has a 50 day moving average of $0.01 and a 200-day moving average of $0.01.

About Katapult

Katapult Holdings, Inc, an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce retailers.