Pagaya Has Delivered Five Straight Profitable Quarters, So Why Is Nearly 20% Of The Float Still Short?
Pagaya Technologies Ltd. has achieved five consecutive quarters of profitability, which has raised questions about the significant short interest in its stock. Despite its financial success, nearly 20% of the float remains shorted, indicating skepticism among some investors. This situation highlights a potential disconnect between the company's performance and market sentiment.
- ▪Pagaya has delivered five straight profitable quarters.
- ▪Approximately 20% of Pagaya's float is still shorted.
- ▪The disparity between Pagaya's profitability and its short interest raises investor concerns.
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