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

Fitness Champs Holdings Ltd (NASDAQ:FCHL) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 24,136 shares, a growth of 582.6% from the August 15th total of 3,536 shares. Based on an average trading volume of 29,701 shares, the days-to-cover ratio is currently 0.8 days.

Wall Street Analyst Weigh In

FCHL has been the subject of a number of research reports. Weiss Ratings lowered Fitness Champs from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, August 27th. Wall Street Zen raised Fitness Champs from a “sell” rating to a “hold” rating in a report on Monday, May 25th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Fitness Champs Price Performance

FCHL opened at $0.96 on Friday. The business has a fifty day simple moving average of $1.13 and a 200-day simple moving average of $22.85. 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 announced its earnings results on Thursday, August 27th. The company reported ($1.42) EPS for the quarter. The firm had revenue of $0.79 million during the quarter.

Institutional Investors Weigh In On Fitness Champs

An institutional investor recently bought a new position in Fitness Champs stock. Scientech Research LLC acquired a new position in Fitness Champs Holdings Ltd (NASDAQ:FCHL) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 45,312 shares of the company’s stock, valued at approximately $25,000.

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.