Simpple Ltd. (NASDAQ:SPPL) Sees Significant Growth in Short Interest

Simpple Ltd. (NASDAQ:SPPL) was the target of a large increase in short interest in 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. Based on an average daily trading volume, of 11,490,000 shares, the short-interest ratio is presently 0.0 days. Currently, 5.7% of the company’s shares are sold short.

Simpple Trading Up 2.1 %

NASDAQ SPPL traded up $0.02 on Thursday, hitting $0.99. The company’s stock had a trading volume of 287,906 shares, compared to its average volume of 2,697,851. The company’s 50-day moving average is $1.03 and its 200 day moving average is $0.63. Simpple has a 1-year low of $0.25 and a 1-year high of $6.70. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 0.24.

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.