Short Interest in Simpple Ltd. (NASDAQ:SPPL) Rises By 136.2%

Simpple Ltd. (NASDAQ:SPPL) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 277,800 shares, an increase of 136.2% from the December 15th total of 117,600 shares. Currently, 5.7% of the company’s stock are short sold. Based on an average daily trading volume, of 11,490,000 shares, the days-to-cover ratio is presently 0.0 days.

Simpple Stock Performance

NASDAQ:SPPL traded up $0.02 during trading hours on Thursday, reaching $0.99. 287,906 shares of the stock were exchanged, compared to its average volume of 2,697,851. Simpple has a twelve month low of $0.25 and a twelve month high of $6.70. The firm has a 50 day moving average of $1.03 and a 200 day moving average of $0.63. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 0.24.

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.