Simpple Ltd. (NASDAQ:SPPL) Sees Large Growth in Short Interest

Simpple Ltd. (NASDAQ:SPPL) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 277,800 shares, an increase of 136.2% from the December 15th total of 117,600 shares. Based on an average daily volume of 11,490,000 shares, the short-interest ratio is presently 0.0 days. Currently, 5.7% of the shares of the company are short sold.

Simpple Stock Up 4.7 %

Shares of SPPL traded up $0.04 during mid-day trading on Tuesday, hitting $0.96. 244,135 shares of the company’s stock were exchanged, compared to its average volume of 3,184,190. The stock’s 50-day simple moving average is $1.05 and its 200-day simple moving average is $0.62. Simpple has a 52 week low of $0.25 and a 52 week high of $6.70.

Simpple Company Profile

Simpple Ltd. provides advanced technology solutions in Singapore. The company engages in the sale, warranty, and maintenance of autonomous robotic cleaning equipment. It also offers SIMPPLE Ecosystem platform includes SIMPPLE Software, a software platform comprising modules related to quality management, workflow management, and people management; SIMPPLE PLUS, which offers complimentary peripherals, such as IoT sensors and robotic solutions that add value to the entire ecosystem that the company distributes, sells, and manages; and SIMPPLE.AI, a next generation facilities management autonomic intelligence engine that automates robotic and human workforce deployments.