Star Fashion Culture Holdings Limited (NASDAQ:STFS) Short Interest Up 57.6% in May

Star Fashion Culture Holdings Limited (NASDAQ:STFS) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 39,911 shares, an increase of 57.6% from the May 14th total of 25,325 shares. Based on an average daily volume of 315,370 shares, the days-to-cover ratio is presently 0.1 days. Currently, 3.3% of the shares of the company are sold short.

Star Fashion Culture Price Performance

Star Fashion Culture stock traded down $1.25 during trading on Wednesday, reaching $6.94. The company had a trading volume of 2,928 shares, compared to its average volume of 189,758. The firm’s 50-day simple moving average is $7.22 and its 200 day simple moving average is $5.35. Star Fashion Culture has a 52 week low of $0.80 and a 52 week high of $104.00.

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

Analysts Set New Price Targets

Separately, Weiss Ratings raised Star Fashion Culture from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Star Fashion Culture currently has an average rating of “Sell”.

About Star Fashion Culture

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.