Virtual Piggy Inc. (OTCMKTS:RPMT) Sees Large Increase in Short Interest

Virtual Piggy Inc. (OTCMKTS:RPMT) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 271,692 shares, a growth of 30.3% from the January 15th total of 208,433 shares. Based on an average daily volume of 162,716 shares, the short-interest ratio is currently 1.7 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 162,716 shares, the short-interest ratio is currently 1.7 days.

Virtual Piggy Trading Up 1.4%

Shares of Virtual Piggy stock opened at $0.28 on Wednesday. The stock has a market capitalization of $38.72 million, a price-to-earnings ratio of -3.16 and a beta of 0.09. Virtual Piggy has a 1-year low of $0.25 and a 1-year high of $0.98. The firm’s 50-day moving average price is $0.34 and its two-hundred day moving average price is $0.37.

About Virtual Piggy

Virtual Piggy Inc, trading as RPMT on the OTC Markets, operates a virtual prepaid payment platform tailored specifically for children under 18. The company’s e-wallet solution enables secure online and in-store purchases for minors while giving parents real-time oversight through customizable spending limits, merchant category restrictions, and transaction approvals.

The Virtual Piggy platform integrates with e-commerce merchants, digital content providers, and retail partners, allowing young users to transact via virtual cards or single-use payment codes.