Pagaya Technologies Ltd. (NASDAQ:PGYWW) Short Interest Down 60.4% in August

Pagaya Technologies Ltd. (NASDAQ:PGYWWGet Free Report) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 17,800 shares, a decline of 60.4% from the July 30th total of 44,972 shares. Based on an average daily trading volume, of 42,514 shares, the short-interest ratio is presently 0.4 days.

Pagaya Technologies Stock Up 14.6%

Shares of PGYWW stock opened at $0.02 on Friday. Pagaya Technologies has a 52-week low of $0.02 and a 52-week high of $0.72. The firm’s 50 day moving average price is $0.03 and its two-hundred day moving average price is $0.06.

About Pagaya Technologies

(Get Free Report)

Pagaya Technologies is a financial technology company that leverages artificial intelligence and machine learning to transform credit and asset management. By ingesting vast amounts of structured and alternative data, Pagaya’s platform is designed to assess credit risk more accurately than traditional underwriting methods. The company uses proprietary algorithms to analyze patterns in borrower behavior and market dynamics, enabling its clients to make data-driven decisions across consumer, small-business and other lending verticals.

Pagaya offers its services through a cloud-based asset management platform that supports the full credit lifecycle, from loan origination and risk assessment to portfolio selection and securitization.

Further Reading

Receive News & Ratings for Pagaya Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pagaya Technologies and related companies with MarketBeat.com's FREE daily email newsletter.