Short Interest in Pagaya Technologies Ltd. (NASDAQ:PGYWW) Declines By 42.4%

Pagaya Technologies Ltd. (NASDAQ:PGYWW) was the recipient of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 7,600 shares, a drop of 42.4% from the February 28th total of 13,200 shares. Based on an average daily volume of 104,800 shares, the days-to-cover ratio is currently 0.1 days.

Pagaya Technologies Price Performance

Shares of Pagaya Technologies stock opened at $0.13 on Monday. Pagaya Technologies has a 52-week low of $0.05 and a 52-week high of $0.29. The business’s 50 day simple moving average is $0.14 and its 200 day simple moving average is $0.13.

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.