Short Interest in Simpple Ltd. (NASDAQ:SPPL) Drops By 36.8%

Simpple Ltd. (NASDAQ:SPPL) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 117,600 shares, a drop of 36.8% from the November 30th total of 186,200 shares. Based on an average daily volume of 11,050,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 2.4% of the company’s shares are short sold.

Simpple Price Performance

Shares of SPPL traded down $0.05 on Friday, hitting $0.99. The company’s stock had a trading volume of 751,356 shares, compared to its average volume of 3,008,016. The firm’s fifty day moving average price is $0.89 and its 200-day moving average price is $0.58. Simpple has a fifty-two week low of $0.25 and a fifty-two week high of $6.72.

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.