Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Short Interest Down 99.1% in May

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 10,205 shares, a decline of 99.1% from the May 14th total of 1,154,011 shares. Currently, 34.0% of the shares of the company are sold short. Based on an average daily trading volume, of 135,924 shares, the short-interest ratio is presently 0.1 days.

Republic Power Group Limited Class A Ordinary Shares Price Performance

NASDAQ:RPGL traded down $0.06 during midday trading on Tuesday, hitting $2.16. 3,391,614 shares of the stock were exchanged, compared to its average volume of 376,642. Republic Power Group Limited Class A Ordinary Shares has a one year low of $1.90 and a one year high of $4,152.00. The company’s 50-day moving average price is $22.62.

Insider Buying and Selling at Republic Power Group Limited Class A Ordinary Shares

In other news, major shareholder Cetera Wealth Services, Llc sold 16,219 shares of Republic Power Group Limited Class A Ordinary Shares stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $22.00, for a total transaction of $356,818.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders sold a total of 18,559 shares of company stock worth $428,935 over the last quarter.

About Republic Power Group Limited Class A Ordinary Shares

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.