Simpple Ltd. (NASDAQ:SPPL) Sees Significant Decline in Short Interest

Simpple Ltd. (NASDAQ:SPPL) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 63,700 shares, a decrease of 26.4% from the March 31st total of 86,500 shares. Based on an average daily trading volume, of 288,500 shares, the short-interest ratio is currently 0.2 days.

Simpple Stock Down 3.7 %

Shares of SPPL traded down $0.03 during mid-day trading on Monday, hitting $0.73. The company’s stock had a trading volume of 8,694 shares, compared to its average volume of 235,342. Simpple has a 1-year low of $0.61 and a 1-year high of $9.68. The firm has a 50-day simple moving average of $1.94 and a 200 day simple moving average of $4.59.

About Simpple

Simpple Ltd. operates as an advanced technology solution provider in Singapore. The company develops SIMPPLE Ecosystem, an ecosystem solution that automates workflow and the workforce in areas, such as building maintenance, security surveillance, and janitorial services. Its SIMPPLE Ecosystem includes SIMPPLE Software, a software platform comprising modules related to quality management, workflow management, and people management; SIMPPLE PLUS, a robotic solution in cleaning and security domains, as well as Internet-of-Things devices and peripherals; and SIMPPLE.AI, a next generation facilities management autonomic intelligence engine that automates workflow processes in a built environment setting.