Simpple Ltd. (NASDAQ:SPPL) Short Interest Down 89.9% in July

Simpple Ltd. (NASDAQ:SPPL) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totalling 10,900 shares, a decrease of 89.9% from the June 30th total of 107,900 shares. Based on an average daily trading volume, of 93,100 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Simpple stock. Virtu Financial LLC acquired a new stake in Simpple Ltd. (NASDAQ:SPPL) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor 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 filing with the SEC. Institutional investors own 0.01% of the company’s stock.

Simpple Stock Up 0.5 %

Simpple stock traded up $0.00 during trading hours on Thursday, hitting $0.40. The company had a trading volume of 5,587 shares, compared to its average volume of 175,402. The firm’s fifty day moving average is $0.57 and its 200-day moving average is $2.14. Simpple has a fifty-two week low of $0.40 and a fifty-two week high of $9.68.

Simpple Company Profile

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.