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

Fitness Champs Holdings Ltd (NASDAQ:FCHL) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 238,756 shares, a decline of 79.8% from the April 30th total of 1,180,738 shares. Based on an average daily trading volume, of 6,144,687 shares, the short-interest 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 purchased a new position in shares of Fitness Champs Holdings Ltd (NASDAQ:FCHL) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 45,312 shares of the company’s stock, valued at approximately $25,000.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Fitness Champs from a “sell” rating to a “hold” rating in a report on Monday, May 25th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Fitness Champs Stock Down 1.4%

Shares of NASDAQ FCHL traded down $0.02 during trading on Friday, hitting $1.38. The company had a trading volume of 125,322 shares, compared to its average volume of 985,653. The stock has a fifty day simple moving average of $28.22 and a two-hundred day simple moving average of $89.07. Fitness Champs has a fifty-two week low of $1.27 and a fifty-two week high of $3,438.00.

Fitness Champs (NASDAQ:FCHL) last announced its earnings results on Saturday, May 16th. The company reported ($52.14) earnings per share (EPS) for the quarter. The firm had revenue of $0.76 million for the quarter.

Fitness Champs Company Profile

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.