Pagaya Technologies Ltd. (NASDAQ:PGYWW) Shares Shorted: Short Interest Up 132.5% in October

Pagaya Technologies Ltd. (NASDAQ:PGYWW – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 930 shares, an increase of 132.5% from the September 30th total of 400 shares. Based on an average daily trading volume, of 47,554 shares, the short-interest ratio is currently 0.0 days.

Pagaya Technologies Stock Performance

PGYWW stock traded down $0.00 on Friday, reaching $0.01. The company’s stock had a trading volume of 7,200 shares, compared to its average volume of 86,003. The business has a fifty day simple moving average of $0.02 and a two-hundred day simple moving average of $0.08. Pagaya Technologies has a 12-month low of $0.01 and a 12-month high of $0.53.

Pagaya Technologies Company Profile

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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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