Virtual Piggy Inc. (OTCMKTS:RPMT) Short Interest Update

Virtual Piggy Inc. (OTCMKTS:RPMT) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 121,450 shares, a decline of 58.3% from the April 30th total of 291,505 shares. Based on an average daily volume of 397,921 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Virtual Piggy Price Performance

OTCMKTS RPMT traded down $0.01 on Friday, hitting $0.92. The stock had a trading volume of 169,932 shares, compared to its average volume of 144,403. The business’s fifty day moving average price is $0.48 and its 200 day moving average price is $0.39. Virtual Piggy has a 52-week low of $0.21 and a 52-week high of $1.47. The stock has a market cap of $125.20 million, a price-to-earnings ratio of -11.48 and a beta of 0.66.

Virtual Piggy (OTCMKTS:RPMT) last released its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 earnings per share (EPS) for the quarter. The firm had revenue of $0.01 million during 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.