Short Interest in Katapult Holdings, Inc. (NASDAQ:KPLTW) Rises By 18.8%

Katapult Holdings, Inc. (NASDAQ:KPLTW) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 8,200 shares, an increase of 18.8% from the May 31st total of 6,900 shares. Based on an average daily volume of 13,700 shares, the days-to-cover ratio is presently 0.6 days.

Katapult Stock Performance

Shares of KPLTW stock remained flat at $0.02 during trading on Tuesday. 3,044 shares of the company traded hands, compared to its average volume of 89,252. The business’s fifty day moving average is $0.02 and its 200-day moving average is $0.01. Katapult has a twelve month low of $0.00 and a twelve month high of $0.05.

About Katapult

Katapult Holdings, Inc, an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce retailers.