Simpple Ltd. (NASDAQ:SPPL) Short Interest Down 92.3% in March

Simpple Ltd. (NASDAQ:SPPL) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 28,800 shares, a decrease of 92.3% from the March 15th total of 373,700 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily volume of 75,400 shares, the days-to-cover ratio is presently 0.4 days.

Simpple Price Performance

Simpple stock traded up $0.09 during trading hours on Tuesday, hitting $3.27. 17,890 shares of the company traded hands, compared to its average volume of 85,887. Simpple has a 1-year low of $2.02 and a 1-year high of $16.80. The firm’s 50-day simple moving average is $4.10 and its two-hundred day simple moving average is $5.70. The company has a quick ratio of 0.73, a current ratio of 0.92 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.