Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Stock Short Interest Report for October

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 18,774 shares, an increase of 4,090.6% from the September 30th total of 448 shares. Based on an average trading volume of 106,620 shares, the short-interest ratio is currently 0.2 days. Approximately 1.9% of the company’s stock are sold short.

Republic Power Group Limited Class A Ordinary Shares Stock Up 25.1%

Shares of RPGL stock traded up $1.67 during mid-day trading on Monday, hitting $8.32. 339,142 shares of the stock traded hands, compared to its average volume of 40,083. The company’s 50-day simple moving average is $24.71 and its 200-day simple moving average is $705.65. Republic Power Group Limited Class A Ordinary Shares has a twelve month low of $6.00 and a twelve month high of $34,432.00.

Wall Street Analyst Weigh In

RPGL has been the topic of a number of analyst reports. Wall Street Zen upgraded Republic Power Group Limited Class A Ordinary Shares to a “hold” rating in a research note on Saturday, October 17th. Weiss Ratings raised Republic Power Group Limited Class A Ordinary Shares from a “sell (e)” rating to a “sell (d-)” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently 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.