Pagaya Technologies Ltd. (NASDAQ:PGYWW) Short Interest Update

Pagaya Technologies Ltd. (NASDAQ:PGYWW) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 50,213 shares, a decline of 14.3% from the February 26th total of 58,604 shares. Based on an average daily trading volume, of 117,939 shares, the days-to-cover ratio is presently 0.4 days.

Pagaya Technologies Trading Down 4.0%

NASDAQ:PGYWW traded down $0.00 during trading hours on Tuesday, hitting $0.04. The company’s stock had a trading volume of 425,719 shares, compared to its average volume of 93,699. Pagaya Technologies has a 52-week low of $0.03 and a 52-week high of $0.72. The business’s 50-day moving average is $0.17 and its two-hundred day moving average is $0.34.

Pagaya Technologies Company Profile

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.