Short Interest in Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Rises By 120.6%

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 46,338 shares, a growth of 120.6% from the June 30th total of 21,004 shares. Approximately 154.5% of the company’s stock are sold short. Based on an average daily trading volume, of 3,190,417 shares, the days-to-cover ratio is presently 0.0 days.

Republic Power Group Limited Class A Ordinary Shares Trading Up 13.0%

Republic Power Group Limited Class A Ordinary Shares stock traded up $0.22 during midday trading on Tuesday, reaching $1.91. The stock had a trading volume of 106,176 shares, compared to its average volume of 399,808. The firm has a 50-day moving average price of $3.93. Republic Power Group Limited Class A Ordinary Shares has a twelve month low of $1.60 and a twelve month high of $4,152.00.

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) last announced its quarterly earnings results on Friday, July 10th. The company reported ($18.46) EPS for the quarter. The business had revenue of $0.84 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings raised Republic Power Group Limited Class A Ordinary Shares from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Republic Power Group Limited Class A Ordinary Shares presently has an average rating of “Sell”.

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.