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

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

Republic Power Group Limited Class A Ordinary Shares Price Performance

NASDAQ RPGL traded down $0.00 during trading on Monday, hitting $1.66. 13,770 shares of the company traded hands, compared to its average volume of 407,018. Republic Power Group Limited Class A Ordinary Shares has a 12 month low of $1.16 and a 12 month high of $4,152.00. The business has a fifty day simple moving average of $1.95 and a 200 day simple moving average of $41.08.

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

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Republic Power Group Limited Class A Ordinary Shares from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One 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.