Fitness Champs Holdings Ltd (NASDAQ:FCHL) Short Interest Update

Fitness Champs Holdings Ltd (NASDAQ:FCHL) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,180,738 shares, a growth of 149.1% from the April 15th total of 473,943 shares. Based on an average trading volume of 75,164,332 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Fitness Champs

An institutional investor recently bought a new position in Fitness Champs stock. Scientech Research LLC acquired a new stake in Fitness Champs Holdings Ltd (NASDAQ:FCHL) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 45,312 shares of the company’s stock, valued at approximately $25,000.

Fitness Champs Stock Down 32.5%

Shares of FCHL traded down $0.87 during trading hours on Friday, reaching $1.81. 608,599 shares of the company traded hands, compared to its average volume of 1,065,801. The stock’s fifty day moving average price is $49.02 and its 200 day moving average price is $103.78. Fitness Champs has a 12-month low of $1.27 and a 12-month high of $3,438.00.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Fitness Champs to a “hold” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Fitness Champs

Our mission is to make swimming an affordable sport for all by offering comprehensive swimming lessons and teaching swimming skills and techniques to our students and to encourage the public mass to use swimming as a healthy and fun sport for all ages. We believe we are a leading sports education provider in Singapore based on the following: (i) in 2023, we were the largest service provider of the SwimSafer Program based on the number of assessment bookings, accounting for approximately 30% of market share; and (ii) we are one of the few swim education providers in Singapore that provides both services to students under training programs funded by the Singapore Government and provision of customized private swimming training services.