Pintec Technology Holdings Limited (NASDAQ:PT) Short Interest Update

Pintec Technology Holdings Limited (NASDAQ:PT – Get Rating) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 3,800 shares, a drop of 62.0% from the April 30th total of 10,000 shares. Based on an average daily trading volume, of 68,600 shares, the days-to-cover ratio is currently 0.1 days.

Pintec Technology Stock Down 3.3 %

Pintec Technology stock traded down $0.03 during mid-day trading on Friday, hitting $0.87. The company’s stock had a trading volume of 81,210 shares, compared to its average volume of 111,812. The firm’s 50 day moving average is $1.01 and its 200 day moving average is $0.65. Pintec Technology has a 52-week low of $0.25 and a 52-week high of $2.30.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Pintec Technology stock. Two Sigma Securities LLC purchased a new position in Pintec Technology Holdings Limited (NASDAQ:PT – Get Rating) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 27,555 shares of the company’s stock, valued at approximately $30,000. Two Sigma Securities LLC owned 0.32% of Pintec Technology as of its most recent SEC filing. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Pintec Technology Company Profile

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Pintec Technology Holdings Ltd. engages in the provision of financial services through a technology platform. The firm’s financial solutions include point-of-sale financing, personal installment loan, business installment loan, wealth management, and insurance. The company was founded by Wei Wei, Barry Freeman, Xiao Mei Peng, and Jun Dong in June 2015 and is headquartered in Beijing, China.