Simpple Ltd. (NASDAQ:SPPL) Sees Significant Increase in Short Interest

Simpple Ltd. (NASDAQ:SPPLGet Free Report) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 104,100 shares, a growth of 142.7% from the October 31st total of 42,900 shares. Based on an average daily trading volume, of 11,010,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 2.1% of the company’s shares are short sold.

Simpple Trading Down 0.9 %

NASDAQ SPPL traded down $0.01 on Friday, reaching $1.09. The company had a trading volume of 368,814 shares, compared to its average volume of 3,235,089. The company’s fifty day moving average is $0.68 and its 200 day moving average is $0.55. Simpple has a 52-week low of $0.25 and a 52-week high of $9.68.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Simpple stock. Virtu Financial LLC bought a new stake in shares of Simpple Ltd. (NASDAQ:SPPLFree Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 45,502 shares of the company’s stock, valued at approximately $36,000. Virtu Financial LLC owned 0.28% of Simpple as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 0.01% of the company’s stock.

About Simpple

(Get Free Report)

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.

Read More

Receive News & Ratings for Simpple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simpple and related companies with MarketBeat.com's FREE daily email newsletter.