Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) Short Interest Down 99.1% in May

Republic Power Group Limited Class A Ordinary Shares (NASDAQ:RPGL) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 10,205 shares, a decline of 99.1% from the May 14th total of 1,154,011 shares. Based on an average daily trading volume, of 135,924 shares, the short-interest ratio is presently 0.1 days. Approximately 34.0% of the shares of the stock are sold short.

Insider Activity at Republic Power Group Limited Class A Ordinary Shares

In other news, major shareholder Cetera Wealth Services, Llc sold 16,219 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $22.00, for a total value of $356,818.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 18,559 shares of company stock valued at $428,935.

Republic Power Group Limited Class A Ordinary Shares Stock Performance

Shares of RPGL traded down $0.06 during midday trading on Tuesday, reaching $2.16. The stock had a trading volume of 3,391,614 shares, compared to its average volume of 376,642. Republic Power Group Limited Class A Ordinary Shares has a 52 week low of $1.90 and a 52 week high of $4,152.00. The firm has a 50 day moving average of $22.62.

About Republic Power Group Limited Class A Ordinary Shares

Republic Power Group Limited is a provider of customized enterprise resource planning software solutions, consulting and technical support services and peripheral hardware. Republic Power Group Limited is based in Singapore.