Open Lending Corporation Common Stock
Market Cap
290M
Short interest (May 15)
2.0%
Net Short (Jun 03 ): 0.0%
Borrow Fee
0.44%
↓ 1.1%
Available Shares
2M
↓ 8.8%
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Company Overview
Open Lending Corp is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers (OEM captive finance companies). Through its flagship product, LPP, its customers, collectively referred to herein as automotive lenders or lenders, make automotive consumer loans to underserved near-prime and non-prime borrowers by harnessing its risk-based interest rate pricing models, powered by its proprietary data and real-time underwriting of automotive loan default insurance coverage from insurers.
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