Pintec Technology Holdings Limited (NASDAQ:PT – Get Free Report) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 3,600 shares, a decline of 53.8% from the November 30th total of 7,800 shares. Based on an average daily volume of 29,900 shares, the days-to-cover ratio is presently 0.1 days.
Wall Street Analysts Forecast Growth
Separately, Mizuho raised Pintec Technology to a “hold” rating in a research report on Monday, October 14th.
Read Our Latest Stock Analysis on Pintec Technology
Pintec Technology Stock Up 2.2 %
About Pintec Technology
Pintec Technology Holdings Limited, together with its subsidiaries, engages in the provision of technology-enabled financial and digital services to the ecosystem of MSMEs and SMEs in the People’s Republic of China. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end users.
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