Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Short Interest Update

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 21,004 shares, a decline of 47.6% from the June 15th total of 40,119 shares. Based on an average daily volume of 75,678 shares, the days-to-cover ratio is presently 0.3 days. Approximately 70.0% of the company’s stock are sold short.

Analysts Set New Price Targets

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. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Republic Power Group Limited Class A Ordinary Shares has an average rating of “Sell”.

Republic Power Group Limited Class A Ordinary Shares Trading Down 7.7%

Shares of RPGL traded down $0.14 during trading hours on Thursday, hitting $1.67. The company had a trading volume of 40,018 shares, compared to its average volume of 415,115. Republic Power Group Limited Class A Ordinary Shares has a one year low of $1.66 and a one year high of $4,152.00. The business’s fifty day moving average price is $7.95.

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) last issued its quarterly earnings data 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.

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.