Star Fashion Culture Holdings Limited (NASDAQ:STFS) Shares Shorted: Short Interest Up 400.8% in October

Star Fashion Culture Holdings Limited (NASDAQ:STFS) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 66,500 shares, an increase of 400.8% from the September 30th total of 13,280 shares. Approximately 5.6% of the company’s stock are short sold. Based on an average trading volume of 1,068,403 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

A number of research firms have issued reports on STFS. Wall Street Zen raised shares of Star Fashion Culture to a “hold” rating in a report on Saturday, July 4th. Weiss Ratings cut Star Fashion Culture from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Star Fashion Culture Stock Down 0.8%

Shares of STFS stock traded down $0.04 during trading hours on Tuesday, hitting $4.64. The company’s stock had a trading volume of 10,977 shares, compared to its average volume of 369,787. The company has a 50 day moving average of $3.95 and a 200 day moving average of $5.83. Star Fashion Culture has a 12-month low of $0.80 and a 12-month high of $20.99.

Star Fashion Culture (NASDAQ:STFS) last released its quarterly earnings data on Friday, October 23rd. The company reported ($2.11) earnings per share for the quarter. The firm had revenue of $9.10 million for the quarter.

Star Fashion Culture Company Profile

Star Fashion Culture Holdings Limited provides content marketing solutions services in the People’s Republic of China. It offers marketing campaign planning and execution services; offline advertising services; and online precision marketing services. The company was founded in 2015 and is based in Xiamen, the People’s Republic of China. Star Fashion Culture Holdings Limited operates as a subsidiary of Xingji ZhangPingting Limited.