Virtual Piggy Inc. (OTCMKTS:RPMT) Short Interest Up 37.7% in December

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

Virtual Piggy Price Performance

RPMT stock traded up $0.01 during mid-day trading on Friday, reaching $0.33. 143,663 shares of the company’s stock were exchanged, compared to its average volume of 24,261. The company has a market cap of $44.98 million, a price-to-earnings ratio of -3.67 and a beta of 0.13. Virtual Piggy has a 12-month low of $0.28 and a 12-month high of $0.98. The stock’s 50 day moving average is $0.37 and its 200 day moving average is $0.39.

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

Virtual Piggy Company Profile

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.