Short Interest in Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Declines By 39.6%

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 21,986 shares, a decrease of 39.6% from the July 30th total of 36,397 shares. Currently, 73.3% of the company’s shares are short sold. Based on an average daily volume of 29,934 shares, the short-interest ratio is currently 0.7 days.

Republic Power Group Limited Class A Ordinary Shares Stock Down 1.0%

Shares of NASDAQ RPGL traded down $0.01 during trading hours on Wednesday, reaching $1.50. The stock had a trading volume of 98,329 shares, compared to its average volume of 403,401. Republic Power Group Limited Class A Ordinary Shares has a 52-week low of $1.16 and a 52-week high of $4,152.00. The business’s fifty day moving average price is $1.93 and its two-hundred day moving average price is $35.58.

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) last released its quarterly earnings data on Friday, July 10th. The company reported ($18.46) EPS for the quarter. The business had revenue of $0.84 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Republic Power Group Limited Class A Ordinary Shares from a “sell (e)” rating to a “sell (d-)” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Republic Power Group Limited Class A Ordinary Shares presently has a consensus rating of “Sell”.

About Republic Power Group Limited Class A Ordinary Shares

Republic Power Group Limited is a provider of customized enterprise resource planning software solutions, consulting and technical support services and peripheral hardware. Republic Power Group Limited is based in Singapore.