Short Interest in Captivision Inc. (NASDAQ:CAPT) Increases By 239.6%

Captivision Inc. (NASDAQ:CAPT) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 201,024 shares, a growth of 239.6% from the December 31st total of 59,190 shares. Based on an average daily volume of 1,871,166 shares, the short-interest ratio is currently 0.1 days. Approximately 0.7% of the shares of the stock are short sold. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily volume of 1,871,166 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Captivision

An institutional investor recently raised its position in Captivision stock. Truepoint Inc. raised its holdings in shares of Captivision Inc. (NASDAQ:CAPT) by 159.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,243 shares of the company’s stock after purchasing an additional 17,972 shares during the period. Truepoint Inc. owned 0.10% of Captivision worth $27,000 as of its most recent filing with the Securities and Exchange Commission.

Captivision Stock Performance

CAPT stock opened at $0.66 on Friday. The company has a 50 day moving average price of $0.52 and a 200 day moving average price of $0.89. Captivision has a fifty-two week low of $0.30 and a fifty-two week high of $1.94.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Captivision to a “hold” rating in a research note on Friday, January 23rd.

About Captivision

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.