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 significant 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. Based on an average daily trading volume, of 29,934 shares, the days-to-cover ratio is currently 0.7 days. Currently, 73.3% of the shares of the company are sold short.

Republic Power Group Limited Class A Ordinary Shares Trading Down 0.2%

Shares of Republic Power Group Limited Class A Ordinary Shares stock traded down $0.00 during trading on Monday, reaching $1.66. The company’s stock had a trading volume of 13,770 shares, compared to its average volume of 407,018. Republic Power Group Limited Class A Ordinary Shares has a one year low of $1.16 and a one year high of $4,152.00. The business’s fifty day moving average price is $1.95 and its 200-day moving average price is $41.08.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded 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, According to data from MarketBeat, the stock presently has a consensus 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.