Short Interest in Simpple Ltd. (NASDAQ:SPPL) Rises By 142.7%

Simpple Ltd. (NASDAQ:SPPL) was the target of a significant growth in short interest in 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. Approximately 2.1% of the company’s stock are short sold. Based on an average daily volume of 11,010,000 shares, the short-interest ratio is presently 0.0 days.

Simpple Stock Down 0.9 %

Simpple stock traded down $0.01 during midday trading on Friday, hitting $1.09. The stock had a trading volume of 368,814 shares, compared to its average volume of 3,235,089. The business has a fifty day moving average price of $0.68 and a 200 day moving average price of $0.55. Simpple has a 12 month low of $0.25 and a 12 month high of $9.68.

Institutional Investors Weigh In On Simpple

An institutional investor recently bought a new position in Simpple stock. Virtu Financial LLC purchased a new position in Simpple Ltd. (NASDAQ:SPPL) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 45,502 shares of the company’s stock, valued at approximately $36,000. Virtu Financial LLC owned about 0.28% of Simpple as of its most recent filing with the Securities and Exchange Commission. 0.01% of the stock is currently owned by institutional investors and hedge funds.

Simpple Company Profile

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.