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

Pagaya Technologies Ltd. (NASDAQ:PGYWW) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 6,900 shares, a decrease of 64.6% from the November 30th total of 19,500 shares. Based on an average daily trading volume, of 127,800 shares, the short-interest ratio is presently 0.1 days.

Pagaya Technologies Price Performance

Pagaya Technologies stock remained flat at $0.08 during mid-day trading on Friday. 56,809 shares of the company’s stock were exchanged, compared to its average volume of 64,946. The stock’s 50 day simple moving average is $0.11 and its 200 day simple moving average is $0.15. Pagaya Technologies has a 12-month low of $0.05 and a 12-month high of $0.29.

Pagaya Technologies Company Profile

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.