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

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

Wall Street Analyst Weigh In

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

Republic Power Group Limited Class A Ordinary Shares Price Performance

NASDAQ RPGL remained flat at $1.94 during mid-day trading on Thursday. 18,478 shares of the company were exchanged, compared to its average volume of 394,923. Republic Power Group Limited Class A Ordinary Shares has a fifty-two week low of $1.60 and a fifty-two week high of $4,152.00. The business has a 50 day moving average price of $3.61.

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) last issued 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 for the quarter.

About Republic Power Group Limited Class A Ordinary Shares

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.