Katapult Holdings, Inc. (NASDAQ:KPLTW) Sees Significant Increase in Short Interest

Katapult Holdings, Inc. (NASDAQ:KPLTW) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 3,100 shares, a growth of 40.9% from the August 15th total of 2,200 shares. Based on an average daily volume of 53,600 shares, the days-to-cover ratio is currently 0.1 days.

Katapult Stock Performance

NASDAQ:KPLTW remained flat at $0.01 on Friday. 6 shares of the company’s stock were exchanged, compared to its average volume of 85,148. The stock’s 50 day moving average is $0.01 and its two-hundred day moving average is $0.01. Katapult has a 1-year low of $0.00 and a 1-year high of $0.03.

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.