Katapult Holdings, Inc. (NASDAQ:KPLTW) Sees Significant Increase in Short Interest

Katapult Holdings, Inc. (NASDAQ:KPLTW) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 12,000 shares, a growth of 566.7% from the September 30th total of 1,800 shares. Based on an average trading volume of 58,900 shares, the short-interest ratio is currently 0.2 days.

Katapult Price Performance

Shares of NASDAQ KPLTW remained flat at $0.01 during mid-day trading on Friday. 19,594 shares of the stock were exchanged, compared to its average volume of 75,991. Katapult has a 1-year low of $0.00 and a 1-year high of $0.03. The business has a fifty day simple moving average of $0.01 and a 200-day simple moving average of $0.01.

About Katapult

Katapult Holdings, Inc, an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce retailers.