Short Interest in Virtual Piggy Inc. (OTCMKTS:RPMT) Grows By 37.7%

Virtual Piggy Inc. (OTCMKTS:RPMT) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 218,988 shares, an increase of 37.7% from the December 15th total of 158,988 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 54,537 shares, the short-interest ratio is presently 4.0 days. Based on an average trading volume of 54,537 shares, the short-interest ratio is presently 4.0 days. Approximately 0.2% of the shares of the company are short sold.

Virtual Piggy Price Performance

Virtual Piggy stock opened at $0.33 on Friday. Virtual Piggy has a 12 month low of $0.28 and a 12 month high of $0.98. The company has a fifty day moving average price of $0.37 and a two-hundred day moving average price of $0.39. The company has a market cap of $44.98 million, a PE ratio of -3.67 and a beta of 0.13.

Virtual Piggy (OTCMKTS:RPMT) last posted its quarterly earnings results on Friday, November 14th. The company reported ($0.02) earnings per share (EPS) for the quarter.

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.