Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Stock Short Interest Rises 292.2%

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 73,640 shares, an increase of 292.2% from the October 15th total of 18,774 shares. Based on an average trading volume of 248,024 shares, the days-to-cover ratio is currently 0.3 days. Currently, 7.3% of the shares of the company are short sold.

Republic Power Group Limited Class A Ordinary Shares Stock Up 4.8%

Shares of RPGL stock opened at $9.88 on Thursday. Republic Power Group Limited Class A Ordinary Shares has a 12 month low of $6.00 and a 12 month high of $34,432.00. The company has a 50 day simple moving average of $18.92 and a two-hundred day simple moving average of $659.04.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Republic Power Group Limited Class A Ordinary Shares to a “hold” rating in a research note on Saturday, October 17th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

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.