Simpple Ltd. (NASDAQ:SPPL) Short Interest Up 90.7% in July

Simpple Ltd. (NASDAQ:SPPL) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 22,500 shares, agrowthof90.7% from the June 30th total of 11,800 shares. Currently,0.8% of the shares of the stock are sold short. Based on an average trading volume of 21,000 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 21,000 shares, the short-interest ratio is currently 1.1 days. Currently,0.8% of the shares of the stock are sold short.

Simpple Trading Down 4.2%

Shares of NASDAQ:SPPL opened at $2.99 on Wednesday. The company’s fifty day moving average price is $2.98 and its 200-day moving average price is $3.74. Simpple has a one year low of $2.02 and a one year high of $16.80. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.88 and a quick ratio of 0.69.

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.