Simpple Ltd. (NASDAQ:SPPL – Get Free Report) saw a large drop in short interest in October. As of October 31st, there was short interest totalling 42,900 shares, a drop of 72.2% from the October 15th total of 154,200 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 8,320,000 shares, the short-interest ratio is currently 0.0 days.
Institutional Investors Weigh In On Simpple
A hedge fund recently bought a new stake in Simpple stock. Virtu Financial LLC bought a new position in shares of Simpple Ltd. (NASDAQ:SPPL – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 45,502 shares of the company’s stock, valued at approximately $36,000. Virtu Financial LLC owned approximately 0.28% of Simpple as of its most recent SEC filing. Institutional investors and hedge funds own 0.01% of the company’s stock.
Simpple Stock Performance
NASDAQ SPPL traded up $0.04 on Tuesday, hitting $1.11. 540,916 shares of the company’s stock traded hands, compared to its average volume of 2,604,717. Simpple has a 1-year low of $0.25 and a 1-year high of $9.68. The firm’s 50-day moving average price is $0.46 and its two-hundred day moving average price is $0.50.
About Simpple
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.
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