Short Interest in Simpple Ltd. (NASDAQ:SPPL) Drops By 36.8%

Simpple Ltd. (NASDAQ:SPPL) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 117,600 shares, a decrease of 36.8% from the November 30th total of 186,200 shares. Currently, 2.4% of the company’s shares are sold short. Based on an average daily trading volume, of 11,050,000 shares, the days-to-cover ratio is presently 0.0 days.

Simpple Stock Up 41.1 %

Shares of SPPL stock opened at $1.04 on Friday. The company has a 50-day moving average of $0.87 and a two-hundred day moving average of $0.57. Simpple has a 1-year low of $0.25 and a 1-year high of $6.72.

About Simpple

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.