Captivision Inc. (NASDAQ:CAPT) Sees Large Growth in Short Interest

Captivision Inc. (NASDAQ:CAPT) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 59,190 shares, a growth of 24.8% from the December 15th total of 47,424 shares. Based on an average daily volume of 740,688 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 740,688 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Captivision

A hedge fund recently raised its stake in Captivision stock. Truepoint Inc. grew its position in Captivision Inc. (NASDAQ:CAPT) by 159.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,243 shares of the company’s stock after purchasing an additional 17,972 shares during the quarter. Truepoint Inc. owned approximately 0.10% of Captivision worth $27,000 at the end of the most recent reporting period.

Captivision Price Performance

CAPT stock traded up $0.04 during mid-day trading on Friday, reaching $0.39. The company had a trading volume of 405,108 shares, compared to its average volume of 1,277,428. The firm has a fifty day simple moving average of $0.58 and a 200 day simple moving average of $0.93. Captivision has a fifty-two week low of $0.30 and a fifty-two week high of $1.94.

Captivision Company Profile

Captivision Inc engages in the development and manufacture of an architectural media glass product called G-Glass which is an IT-enabled construction material capable of transforming buildings into digital media devices. The company was founded on February 24, 2023 and is headquartered in Nailsworth, the United Kingdom.