Why Upstart Shares Are Trading Higher Today

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Upstart Holdings Inc UPST shares are trading higher by 7.3% at $131.95. Strength is possibly related to high short interest in the name, as high short-interest stocks have seen volatility this year.

See Also: Is This The Calm Before The Storm For Upstart's Stock?

Upstart Holdings provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. The revenue of the company is primarily comprised of fees paid by banks.

Upstart Holdings has a 52-week high of $191.68 and a 52-week low of $22.61.

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