Virtual Piggy Inc. (OTCMKTS:RPMT) Short Interest Down 38.7% in August

Virtual Piggy Inc. (OTCMKTS:RPMT) was the target of a significant decline in short interest in August. As of August 15th, there was short interest totaling 214,400 shares, adeclineof38.7% from the July 31st total of 349,800 shares. Based on an average daily volume of 141,700 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily volume of 141,700 shares, the days-to-cover ratio is presently 1.5 days.

Virtual Piggy Stock Down 0.3%

RPMT stock opened at $0.40 on Friday. The company has a market cap of $54.36 million, a PE ratio of -4.43 and a beta of 0.09. The business has a 50-day simple moving average of $0.43 and a 200 day simple moving average of $0.59. Virtual Piggy has a 52 week low of $0.31 and a 52 week high of $1.15.

Virtual Piggy (OTCMKTS:RPMT) last posted its quarterly earnings results on Thursday, August 14th. The company reported ($0.02) EPS for the quarter.

Virtual Piggy Company Profile

Rego Payment Architectures, Inc, together with its subsidiaries, provides consumer software solutions. It offers Mazoola, a mobile payment platform that enables individual users to own and monetize their purchasing behavior. The company's online solution enables families and parents to teach their children regarding financial management and spending on gaming, retail, music, and entertainment.