Fast Track Group (NASDAQ:FTRK) Short Interest Update

Fast Track Group (NASDAQ:FTRK) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 7,433 shares, a decline of 49.4% from the June 15th total of 14,700 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 17,330 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Fast Track Group in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Fast Track Group Stock Performance

Shares of FTRK traded up $0.05 during mid-day trading on Friday, hitting $0.48. The stock had a trading volume of 675,496 shares, compared to its average volume of 1,489,609. The business has a fifty day moving average price of $0.45 and a 200-day moving average price of $0.53. Fast Track Group has a 52 week low of $0.29 and a 52 week high of $1.04.

Fast Track Group (NASDAQ:FTRK) last posted its quarterly earnings results on Tuesday, June 30th. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $0.38 million during the quarter.

Hedge Funds Weigh In On Fast Track Group

A hedge fund recently bought a new position in Fast Track Group stock. Citadel Advisors LLC purchased a new stake in Fast Track Group (NASDAQ:FTRK) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 92,086 shares of the company’s stock, valued at approximately $51,000. Citadel Advisors LLC owned 0.42% of Fast Track Group as of its most recent SEC filing.

About Fast Track Group

Fast Track Events Pte. Ltd. was incorporated as an exempt private company limited by shares in Singapore on March 8, 2012 as an operating company of our businesses. We are a regional entertainment-focused event management and marketing company that provides a full range of services including experiential marketing, artiste endorsement and management, movie premiere organizations, grand openings and concerts. In addition to our expertise in event and concert management, we offer comprehensive value-added services tailored to meet specific client demands.