Short Interest in Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Increases By 120.6%

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 46,338 shares, a growth of 120.6% from the June 30th total of 21,004 shares. Currently, 154.5% of the shares of the company are sold short. Based on an average trading volume of 3,190,417 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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 report on Monday, July 13th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Republic Power Group Limited Class A Ordinary Shares Price Performance

Shares of NASDAQ:RPGL traded up $0.04 during trading on Wednesday, hitting $1.94. 58,955 shares of the stock traded hands, compared to its average volume of 397,571. The business’s fifty day simple moving average is $3.78. Republic Power Group Limited Class A Ordinary Shares has a 52-week low of $1.60 and a 52-week high of $4,152.00.

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 (EPS) for the quarter. The company had revenue of $0.84 million for the quarter.

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.