Virtual Piggy Inc. (OTCMKTS:RPMT) Sees Significant Growth in Short Interest

Virtual Piggy Inc. (OTCMKTS:RPMT) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 218,988 shares, a growth of 37.7% from the December 15th total of 158,988 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 54,537 shares, the days-to-cover ratio is currently 4.0 days. Based on an average daily trading volume, of 54,537 shares, the days-to-cover ratio is currently 4.0 days. Currently, 0.2% of the company’s stock are sold short.

Virtual Piggy Stock Up 2.3%

Shares of OTCMKTS:RPMT traded up $0.01 during midday trading on Friday, reaching $0.33. The company’s stock had a trading volume of 143,663 shares, compared to its average volume of 24,261. Virtual Piggy has a 12-month low of $0.28 and a 12-month high of $0.98. The firm has a market capitalization of $44.98 million, a P/E ratio of -3.67 and a beta of 0.13. The firm has a 50 day moving average of $0.37 and a 200-day moving average of $0.39.

Virtual Piggy (OTCMKTS:RPMT) last announced its earnings results on Friday, November 14th. The company reported ($0.02) earnings per share for the quarter.

Virtual Piggy Company Profile

Virtual Piggy Inc, trading as RPMT on the OTC Markets, operates a virtual prepaid payment platform tailored specifically for children under 18. The company’s e-wallet solution enables secure online and in-store purchases for minors while giving parents real-time oversight through customizable spending limits, merchant category restrictions, and transaction approvals.

The Virtual Piggy platform integrates with e-commerce merchants, digital content providers, and retail partners, allowing young users to transact via virtual cards or single-use payment codes.