Captivision Inc. (NASDAQ:CAPT) Short Interest Up 239.6% in January

Captivision Inc. (NASDAQ:CAPT) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 201,024 shares, a growth of 239.6% from the December 31st total of 59,190 shares. Based on an average trading volume of 1,871,166 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 1,871,166 shares, the days-to-cover ratio is presently 0.1 days.

Captivision Stock Performance

CAPT traded up $0.02 on Thursday, reaching $0.60. 1,268,405 shares of the stock were exchanged, compared to its average volume of 3,775,643. Captivision has a fifty-two week low of $0.30 and a fifty-two week high of $1.94. The company’s 50-day moving average price is $0.53 and its 200 day moving average price is $0.89.

Hedge Funds Weigh In On Captivision

An institutional investor recently raised its position in Captivision stock. Truepoint Inc. lifted its position in shares of Captivision Inc. (NASDAQ:CAPT) by 159.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,243 shares of the company’s stock after buying an additional 17,972 shares during the quarter. Truepoint Inc. owned approximately 0.10% of Captivision worth $27,000 at the end of the most recent quarter.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Captivision to a “hold” rating in a research note on Friday, January 23rd.

Captivision Company Profile

Captivision Inc engages in the development and manufacture of an architectural media glass product called G-Glass which is an IT-enabled construction material capable of transforming buildings into digital media devices. The company was founded on February 24, 2023 and is headquartered in Nailsworth, the United Kingdom.