Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Short Interest Down 99.1% in May

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 10,205 shares, a decline of 99.1% from the May 14th total of 1,154,011 shares. Currently, 34.0% of the company’s stock are short sold. Based on an average trading volume of 135,924 shares, the days-to-cover ratio is currently 0.1 days.

Republic Power Group Limited Class A Ordinary Shares Stock Up 6.0%

RPGL opened at $2.29 on Wednesday. The business has a fifty day moving average price of $22.62. Republic Power Group Limited Class A Ordinary Shares has a 12-month low of $1.90 and a 12-month high of $4,152.00.

Insider Buying and Selling at Republic Power Group Limited Class A Ordinary Shares

In other news, major shareholder Cetera Wealth Services, Llc sold 16,219 shares of the stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $22.00, for a total value of $356,818.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders sold 18,559 shares of company stock worth $428,935.

About Republic Power Group Limited Class A Ordinary Shares

Republic Power Group Limited is a provider of customized enterprise resource planning software solutions, consulting and technical support services and peripheral hardware. Republic Power Group Limited is based in Singapore.