Pagaya Technologies Ltd. (NASDAQ:PGYWW – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 930 shares, a growth of 132.5% from the September 30th total of 400 shares. Based on an average daily trading volume, of 47,554 shares, the days-to-cover ratio is presently 0.0 days.
Pagaya Technologies Trading Down 4.7%
Shares of NASDAQ PGYWW traded down $0.00 during trading on Friday, reaching $0.01. The company had a trading volume of 8,200 shares, compared to its average volume of 86,003. Pagaya Technologies has a 52 week low of $0.01 and a 52 week high of $0.53. The business’s 50 day moving average price is $0.02 and its 200-day moving average price is $0.07.
About Pagaya Technologies
Pagaya Technologies Ltd. is a financial technology company that uses artificial intelligence and machine learning to connect financial institutions with institutional investment capital. Its technology platform, known as the Pagaya Network, analyzes large amounts of data to evaluate credit and other asset-backed opportunities, with the goal of expanding access to financing while helping investors identify and manage assets.
The company works with banks, consumer lenders, auto finance companies and other originators.
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