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

Simpple Ltd. (NASDAQ:SPPL) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 28,800 shares, a decline of 92.3% from the March 15th total of 373,700 shares. Based on an average trading volume of 75,400 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.8% of the shares of the stock are short sold.

Simpple Price Performance

NASDAQ SPPL traded up $0.09 on Tuesday, reaching $3.27. The company’s stock had a trading volume of 17,890 shares, compared to its average volume of 85,887. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.92 and a quick ratio of 0.73. Simpple has a twelve month low of $2.02 and a twelve month high of $16.80. The firm’s 50 day moving average is $4.10 and its two-hundred day moving average is $5.70.

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.