Short Interest in Pagaya Technologies Ltd. (NASDAQ:PGYWW) Declines By 37.4%

Pagaya Technologies Ltd. (NASDAQ:PGYWW) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 12,200 shares, a decline of 37.4% from the January 31st total of 19,500 shares. Based on an average trading volume of 148,700 shares, the short-interest ratio is presently 0.1 days.

Pagaya Technologies Price Performance

PGYWW stock traded down $0.01 during trading on Monday, reaching $0.14. 146,542 shares of the company traded hands, compared to its average volume of 126,529. The business has a 50 day simple moving average of $0.11 and a 200 day simple moving average of $0.14. Pagaya Technologies has a 12 month low of $0.05 and a 12 month high of $0.29.

About Pagaya Technologies

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.