Pagaya Technologies Ltd. (NASDAQ:PGYWW) Sees Significant Decrease in Short Interest

Pagaya Technologies Ltd. (NASDAQ:PGYWW) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 400 shares, a drop of 97.8% from the September 15th total of 17,871 shares. Based on an average trading volume of 22,118 shares, the short-interest ratio is presently 0.0 days.

Pagaya Technologies Stock Performance

Shares of PGYWW traded down $0.00 during midday trading on Friday, hitting $0.02. 279 shares of the company’s stock traded hands, compared to its average volume of 87,954. Pagaya Technologies has a 1 year low of $0.01 and a 1 year high of $0.59. The firm’s fifty day moving average is $0.02 and its 200-day moving average is $0.04.

About Pagaya Technologies

Pagaya Technologies Ltd. is a financial technology company that uses artificial intelligence, machine learning and data analytics to connect lenders and institutional investors with credit and other asset opportunities. Its technology platform is designed to analyze large amounts of data, assess risk and support the origination, financing and management of assets.

The company provides an infrastructure platform for financial institutions, including banks, lenders and asset managers. Its applications have focused on consumer credit, personal loans, auto loans and residential real estate-related assets, helping partners expand access to financing while enabling institutional investors to gain exposure to diversified portfolios.

Pagaya was founded in 2016 by Gal Krubiner, Yossi Tzur and Eran Dinur.