Short Interest in Captivision Inc. (NASDAQ:CAPT) Drops By 18.0%

Captivision Inc. (NASDAQ:CAPTGet Free Report) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 349,511 shares, a decrease of 18.0% from the February 26th total of 426,289 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average trading volume of 130,549 shares, the days-to-cover ratio is currently 2.7 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Captivision to a “hold” rating in a research note on Friday, January 23rd.

Check Out Our Latest Analysis on CAPT

Captivision Stock Performance

Shares of CAPT opened at $0.55 on Monday. The business’s 50-day moving average is $0.50 and its 200-day moving average is $0.64. Captivision has a fifty-two week low of $0.30 and a fifty-two week high of $1.93.

Institutional Investors Weigh In On Captivision

A hedge fund recently raised its stake in Captivision stock. Truepoint Inc. grew its stake in shares of Captivision Inc. (NASDAQ:CAPTFree Report) by 159.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,243 shares of the company’s stock after acquiring an additional 17,972 shares during the period. Truepoint Inc. owned 0.10% of Captivision worth $27,000 as of its most recent SEC filing.

Captivision Company Profile

(Get Free Report)

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.

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