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

Fitness Champs Holdings Ltd (NASDAQ:FCHL) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 3,536 shares, a growth of 108.1% from the July 30th total of 1,699 shares. Based on an average daily volume of 59,751 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Fitness Champs

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

Fitness Champs Trading Down 0.1%

Shares of FCHL opened at $1.02 on Friday. Fitness Champs has a fifty-two week low of $0.86 and a fifty-two week high of $3,438.00. The company’s fifty day moving average is $1.17 and its two-hundred day moving average is $29.64.

Fitness Champs (NASDAQ:FCHL) last released its quarterly earnings data on Thursday, August 27th. The company reported ($1.42) earnings per share (EPS) for the quarter. The business had revenue of $0.79 million for the quarter.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of Fitness Champs from a “sell” rating to a “hold” rating in a research report on Monday, May 25th. Weiss Ratings cut shares of Fitness Champs from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday. One analyst has rated the stock with a Sell rating, According to MarketBeat, Fitness Champs currently has an average 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.