Simpple Ltd. (NASDAQ:SPPL) Short Interest Update

Simpple Ltd. (NASDAQ:SPPL) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 277,800 shares, an increase of 136.2% from the December 31st total of 117,600 shares. Currently, 5.7% of the company’s shares are short sold. Based on an average daily trading volume, of 11,490,000 shares, the short-interest ratio is currently 0.0 days.

Simpple Stock Performance

Shares of SPPL traded down $0.05 during midday trading on Wednesday, reaching $0.65. 261,414 shares of the stock were exchanged, compared to its average volume of 1,629,903. Simpple has a twelve month low of $0.25 and a twelve month high of $6.15. The business’s 50-day moving average price is $0.99 and its 200 day moving average price is $0.65. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 0.24.

About Simpple

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.