Captivision Inc. (NASDAQ:CAPT) Short Interest Down 22.0% in February

Captivision Inc. (NASDAQ:CAPT) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 314,600 shares, a drop of 22.0% from the February 13th total of 403,100 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average daily trading volume, of 4,790,000 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Captivision

A hedge fund recently bought a new stake in Captivision stock. XTX Topco Ltd acquired a new stake in shares of Captivision Inc. (NASDAQ:CAPT) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 14,731 shares of the company’s stock, valued at approximately $29,000.

Captivision Price Performance

Shares of Captivision stock traded down $0.04 during midday trading on Tuesday, reaching $0.62. 293,541 shares of the company’s stock traded hands, compared to its average volume of 1,360,448. The stock has a 50 day moving average of $0.53 and a 200-day moving average of $1.11. Captivision has a 12 month low of $0.37 and a 12 month high of $6.75.

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.