Simpple Ltd. (NASDAQ:SPPL – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 154,200 shares, an increase of 5,407.1% from the September 30th total of 2,800 shares. Approximately 3.2% of the company’s shares are sold short. Based on an average daily volume of 194,200 shares, the days-to-cover ratio is presently 0.8 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Simpple stock. Virtu Financial LLC acquired a new position in shares of Simpple Ltd. (NASDAQ:SPPL – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 45,502 shares of the company’s stock, valued at approximately $36,000. Virtu Financial LLC owned 0.28% of Simpple as of its most recent SEC filing. Institutional investors and hedge funds own 0.01% of the company’s stock.
Simpple Stock Up 10.1 %
Simpple stock traded up $0.03 during mid-day trading on Friday, hitting $0.34. 40,000 shares of the stock were exchanged, compared to its average volume of 181,433. Simpple has a 12 month low of $0.25 and a 12 month high of $9.68. The firm’s fifty day simple moving average is $0.37 and its two-hundred day simple moving average is $0.50.
About Simpple
Simpple Ltd. provides advanced technology solutions in Singapore. The company engages in the sale, warranty, and maintenance of autonomous robotic cleaning equipment. It also offers SIMPPLE Ecosystem platform includes SIMPPLE Software, a software platform comprising modules related to quality management, workflow management, and people management; SIMPPLE PLUS, which offers complimentary peripherals, such as IoT sensors and robotic solutions that add value to the entire ecosystem that the company distributes, sells, and manages; and SIMPPLE.AI, a next generation facilities management autonomic intelligence engine that automates robotic and human workforce deployments.
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