Fast Track Group (NASDAQ:FTRK) Sees Significant Drop in Short Interest

Fast Track Group (NASDAQ:FTRK) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 14,700 shares, a decrease of 83.1% from the May 31st total of 86,892 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 129,825 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Fast Track Group

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

Fast Track Group Stock Performance

Shares of NASDAQ FTRK opened at $0.46 on Friday. Fast Track Group has a 52 week low of $0.29 and a 52 week high of $1.64. The stock’s fifty day moving average is $0.43 and its 200 day moving average is $0.56.

Fast Track Group Company Profile

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.