Short Interest in Katapult Holdings, Inc. (NASDAQ:KPLTW) Declines By 67.3%

Katapult Holdings, Inc. (NASDAQ:KPLTW) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 950 shares, a decline of 67.3% from the May 14th total of 2,902 shares. Based on an average trading volume of 25,322 shares, the days-to-cover ratio is presently 0.0 days.

Katapult Stock Performance

NASDAQ KPLTW opened at $0.00 on Thursday. Katapult has a 1-year low of $0.00 and a 1-year high of $0.02.

Katapult Company Profile

Katapult Inc operates a digital commerce platform that enables retailers to offer lease-to-own payment solutions at the point of sale. By integrating its proprietary technology into a retailer’s e-commerce or in-store checkout flow, Katapult allows consumers—particularly those with limited access to traditional credit—to lease durable goods such as furniture, electronics, home fitness equipment and appliances. The company’s platform handles credit adjudication, pricing, collections and customer service through a single API-driven interface.

Founded in 2014 and headquartered in Austin, Texas, Katapult has built partnerships with hundreds of online and brick-and-mortar retailers across North America and parts of Northern Europe.