Captivision Inc. (NASDAQ:CAPT) Sees Large Growth in Short Interest
by Scott Moore · The Cerbat GemCaptivision Inc. (NASDAQ:CAPT – Get Free Report) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 59,190 shares, a growth of 24.8% from the December 15th total of 47,424 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 740,688 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 740,688 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the company’s shares are sold short.
Captivision Price Performance
Shares of CAPT traded up $0.04 during trading on Friday, reaching $0.39. 405,108 shares of the company traded hands, compared to its average volume of 1,277,428. The stock has a 50-day simple moving average of $0.58 and a 200-day simple moving average of $0.93. Captivision has a twelve month low of $0.30 and a twelve month high of $1.94.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Captivision stock. Truepoint Inc. grew its position in Captivision Inc. (NASDAQ:CAPT – Free Report) by 159.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,243 shares of the company’s stock after buying an additional 17,972 shares during the quarter. Truepoint Inc. owned 0.10% of Captivision worth $27,000 as of its most recent filing with the Securities and Exchange Commission.
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.