Pagaya Technologies Ltd. (NASDAQ:PGYWW) Short Interest Up 14.1% in April

Pagaya Technologies Ltd. (NASDAQ:PGYWW) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 52,087 shares, an increase of 14.1% from the March 31st total of 45,662 shares. Based on an average daily volume of 118,209 shares, the days-to-cover ratio is presently 0.4 days.

Pagaya Technologies Trading Up 2.6%

PGYWW opened at $0.06 on Friday. The business’s fifty day moving average is $0.07 and its two-hundred day moving average is $0.26. Pagaya Technologies has a one year low of $0.03 and a one year high of $0.72.

About Pagaya Technologies

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.