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

Fitness Champs Holdings Ltd (NASDAQ:FCHL) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 3,063 shares, a decrease of 78.7% from the June 30th total of 14,384 shares. Based on an average trading volume of 158,093 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on FCHL shares. Weiss Ratings raised shares of Fitness Champs from a “sell (e)” rating to a “sell (d-)” rating in a research note on Thursday, June 11th. Wall Street Zen upgraded Fitness Champs from a “sell” rating to a “hold” rating in a research report on Monday, May 25th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Fitness Champs has a consensus rating of “Sell”.

Fitness Champs Stock Performance

FCHL stock traded down $0.02 during trading on Friday, hitting $1.14. The company had a trading volume of 10,258 shares, compared to its average volume of 809,836. The business has a 50 day moving average of $1.29 and a 200 day moving average of $48.75. Fitness Champs has a fifty-two week low of $0.86 and a fifty-two week high of $3,438.00.

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

Institutional Investors Weigh In On Fitness Champs

An institutional investor recently bought a new stake in Fitness Champs stock. Scientech Research LLC purchased a new stake in shares of Fitness Champs Holdings Ltd (NASDAQ:FCHL) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 45,312 shares of the company’s stock, valued at approximately $25,000.

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.