Rich Sparkle Holdings Limited (NASDAQ:ANPA) Sees Significant Increase in Short Interest

Rich Sparkle Holdings Limited (NASDAQ:ANPA) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 105,160 shares, an increase of 927.8% from the December 31st total of 10,232 shares. Based on an average trading volume of 391,292 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.8% of the company’s shares are sold short. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 391,292 shares, the days-to-cover ratio is presently 0.3 days.

Rich Sparkle Stock Performance

Shares of ANPA opened at $70.98 on Thursday. The firm’s fifty day moving average is $40.41. Rich Sparkle has a 1-year low of $2.80 and a 1-year high of $180.64.

Wall Street Analysts Forecast Growth

Several research firms have commented on ANPA. Weiss Ratings initiated coverage on Rich Sparkle in a report on Wednesday, October 8th. They set a “sell (e-)” rating on the stock. Wall Street Zen raised Rich Sparkle to a “hold” rating in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Rich Sparkle Company Profile

Rich Sparkle Holdings Limited is a financial printing and corporate services provider which specializes in designing and printing quality financial print materials principally in Hong Kong. Its service portfolio covers a myriad of deliverables, mainly including listing documents, financial reports, fund documents, circulars and announcements. Rich Sparkle Holdings Limited is based in Hong Kong.