Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Stock Short Interest Report for October

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 18,774 shares, an increase of 4,090.6% from the September 30th total of 448 shares. Currently, 1.9% of the company’s shares are short sold. Based on an average trading volume of 106,620 shares, the days-to-cover ratio is currently 0.2 days.

Republic Power Group Limited Class A Ordinary Shares Stock Performance

Shares of Republic Power Group Limited Class A Ordinary Shares stock traded up $0.33 during trading on Wednesday, reaching $7.91. The company had a trading volume of 24,534 shares, compared to its average volume of 39,986. The firm’s fifty day moving average is $23.70 and its 200-day moving average is $698.03. Republic Power Group Limited Class A Ordinary Shares has a fifty-two week low of $6.00 and a fifty-two week high of $34,432.00.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on RPGL shares. Weiss Ratings upgraded 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. Wall Street Zen upgraded shares of Republic Power Group Limited Class A Ordinary Shares to a “hold” rating in a research note on Saturday, October 17th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Republic Power Group Limited Class A Ordinary Shares Company Profile

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.