Simpple Ltd. (NASDAQ:SPPL) Short Interest Up 829.7% in March

Simpple Ltd. (NASDAQ:SPPL) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 134,800 shares, an increase of 829.7% from the February 29th total of 14,500 shares. Based on an average daily trading volume, of 269,500 shares, the short-interest ratio is currently 0.5 days.

Simpple Stock Performance

Shares of NASDAQ SPPL traded down $0.04 during midday trading on Thursday, reaching $0.80. 18,318 shares of the company’s stock were exchanged, compared to its average volume of 294,111. Simpple has a 52-week low of $0.75 and a 52-week high of $9.68. The stock’s fifty day moving average price is $4.25.

About Simpple

Simpple Ltd. operates as an advanced technology solution provider in Singapore. The company develops SIMPPLE Ecosystem, an ecosystem solution that automates workflow and the workforce in areas, such as building maintenance, security surveillance, and janitorial services. Its SIMPPLE Ecosystem includes SIMPPLE Software, a software platform comprising modules related to quality management, workflow management, and people management; SIMPPLE PLUS, a robotic solution in cleaning and security domains, as well as Internet-of-Things devices and peripherals; and SIMPPLE.AI, a next generation facilities management autonomic intelligence engine that automates workflow processes in a built environment setting.