Pintec Technology Holdings Limited (NASDAQ:PT – Get Rating) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 393,500 shares, a decrease of 42.4% from the March 31st total of 683,300 shares. Based on an average daily volume of 934,700 shares, the days-to-cover ratio is currently 0.4 days.
A hedge fund recently bought a new stake in Pintec Technology stock. Citadel Advisors LLC bought a new stake in Pintec Technology Holdings Limited (NASDAQ:PT – Get Rating) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 113,392 shares of the company’s stock, valued at approximately $113,000. Citadel Advisors LLC owned about 0.26% of Pintec Technology as of its most recent SEC filing. Hedge funds and other institutional investors own 0.35% of the company’s stock.
Pintec Technology stock opened at $0.56 on Friday. Pintec Technology has a fifty-two week low of $0.40 and a fifty-two week high of $1.42. The firm’s fifty day moving average price is $0.60 and its 200-day moving average price is $0.66.
Pintec Technology Holdings Limited, together with its subsidiaries, operates an online technology platform that enables financial services in the People's Republic of China. The company connects business partners and financial partners on its platform and enables them to provide financial services to end users.
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