Bakkt

BKKT

Bakkt Holdings, Inc. is an American corporation listed on the New York Stock Exchange under the ticker symbol BKKT. The company operates a technology platform for the management of digital assets. The platform provides products and services related to the cryptocurrency and loyalty markets. Bakkt was founded and is majority-owned by American Fortune 500 company Intercontinental Exchange, Inc., the New York Stock Exchange parent organization.

Bakkt has been a target of short sellers for a while. The current short interest of 51.82% is significantly above the average of the last 12 months (31.80%).