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

Katapult Holdings, Inc. (NASDAQ:KPLTW) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 107,700 shares, an increase of 107,600.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 95,400 shares, the days-to-cover ratio is presently 1.1 days.

Katapult Stock Performance

NASDAQ:KPLTW traded up $0.00 during trading hours on Monday, reaching $0.01. The company’s stock had a trading volume of 7,917 shares, compared to its average volume of 94,664. The stock has a 50 day moving average price of $0.01 and a two-hundred day moving average price of $0.01. Katapult has a 12 month low of $0.00 and a 12 month high of $0.02.

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.