Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Stock Short Interest Rises 292.2%

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 73,640 shares, an increase of 292.2% from the October 15th total of 18,774 shares. Approximately 7.3% of the shares of the company are sold short. Based on an average daily trading volume, of 248,024 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Republic Power Group Limited Class A Ordinary Shares to a “hold” rating in a research note on Saturday, October 17th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Republic Power Group Limited Class A Ordinary Shares Stock Up 4.8%

Shares of NASDAQ:RPGL opened at $9.88 on Thursday. Republic Power Group Limited Class A Ordinary Shares has a 1-year low of $6.00 and a 1-year high of $34,432.00. The firm’s 50 day simple moving average is $18.92 and its two-hundred day simple moving average is $659.04.

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.