Star Fashion Culture Holdings Limited (NASDAQ:STFS) Sees Significant Decline in Short Interest

Star Fashion Culture Holdings Limited (NASDAQ:STFS) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 15,176 shares, a decrease of 73.1% from the June 30th total of 56,339 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily volume of 145,135 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on STFS. Wall Street Zen upgraded shares of Star Fashion Culture to a “hold” rating in a report on Saturday, July 4th. Weiss Ratings upgraded shares of Star Fashion Culture from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Star Fashion Culture presently has a consensus rating of “Sell”.

Star Fashion Culture Price Performance

Shares of STFS stock traded down $0.40 during trading hours on Monday, hitting $3.04. 37,692 shares of the company’s stock traded hands, compared to its average volume of 180,203. The stock’s fifty day simple moving average is $10.50 and its two-hundred day simple moving average is $6.73. Star Fashion Culture has a 12-month low of $0.80 and a 12-month high of $104.00.

Star Fashion Culture (NASDAQ:STFS) last posted its quarterly earnings results on Friday, May 29th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $6.36 million during 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.