Pintec Technology Holdings Limited (NASDAQ:PT – Get Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 400 shares, a drop of 88.9% from the December 15th total of 3,600 shares. Based on an average daily trading volume, of 27,400 shares, the days-to-cover ratio is currently 0.0 days.
Pintec Technology Price Performance
Shares of NASDAQ PT traded up $0.01 during trading on Tuesday, hitting $1.01. 5,387 shares of the company were exchanged, compared to its average volume of 30,786. Pintec Technology has a 1 year low of $0.71 and a 1 year high of $1.27. The firm’s fifty day moving average price is $0.94 and its 200 day moving average price is $0.99.
Analyst Ratings Changes
Separately, Mizuho raised shares of Pintec Technology to a “hold” rating in a research note on Monday, October 14th.
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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