Captivision Inc. (NASDAQ:CAPT) Short Interest Update

Captivision Inc. (NASDAQ:CAPT) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 379,491 shares, a drop of 35.7% from the January 29th total of 589,937 shares. Based on an average trading volume of 529,899 shares, the short-interest ratio is currently 0.7 days. Approximately 1.2% of the shares of the company are sold short. Approximately 1.2% of the shares of the company are sold short. Based on an average trading volume of 529,899 shares, the short-interest ratio is currently 0.7 days.

Captivision Trading Up 8.1%

Shares of CAPT stock opened at $0.42 on Friday. The stock has a fifty day simple moving average of $0.45 and a two-hundred day simple moving average of $0.74. Captivision has a 52-week low of $0.30 and a 52-week high of $1.93.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Captivision stock. Truepoint Inc. boosted its holdings in Captivision Inc. (NASDAQ:CAPT) by 159.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,243 shares of the company’s stock after purchasing an additional 17,972 shares during the quarter. Truepoint Inc. owned approximately 0.10% of Captivision worth $27,000 as of its most recent SEC filing.

About Captivision

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.