Pintec Technology Holdings Limited (NASDAQ:PT) Short Interest Down 24.3% in November

Pintec Technology Holdings Limited (NASDAQ:PT) saw a large decrease in short interest in November. As of November 30th, there was short interest totalling 7,800 shares, a decrease of 24.3% from the November 15th total of 10,300 shares. Based on an average trading volume of 27,800 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Mizuho raised Pintec Technology to a “hold” rating in a research report on Monday, October 14th.

Pintec Technology Price Performance

Shares of PT traded down $0.01 during trading hours on Friday, reaching $0.90. 41,046 shares of the company traded hands, compared to its average volume of 57,328. The business has a fifty day moving average price of $0.96 and a 200-day moving average price of $1.01. Pintec Technology has a 12-month low of $0.71 and a 12-month high of $1.27.

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.