Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Stock Short Interest Falls 98.9%

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 448 shares, a drop of 98.9% from the September 15th total of 42,454 shares. Based on an average trading volume of 10,991 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Republic Power Group Limited Class A Ordinary Shares Price Performance

RPGL stock remained flat at $40.00 during trading on Friday. 23,501 shares of the company were exchanged, compared to its average volume of 27,917. The business has a fifty day simple moving average of $27.46 and a 200-day simple moving average of $156.90. Republic Power Group Limited Class A Ordinary Shares has a one year low of $12.00 and a one year high of $66,432.00.

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) last issued its quarterly earnings results on Friday, July 10th. The company reported ($295.36) EPS for the quarter. The business had revenue of $0.84 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Republic Power Group Limited Class A Ordinary Shares from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Republic Power Group Limited Class A Ordinary Shares Company Profile

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.