Short Interest in Fitness Champs Holdings Ltd (NASDAQ:FCHL) Drops By 78.7%

Fitness Champs Holdings Ltd (NASDAQ:FCHL) was the recipient of a significant decrease in short interest in 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 daily volume of 158,093 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Fitness Champs from a “sell” rating to a “hold” rating in a research note on Monday, May 25th. Weiss Ratings upgraded Fitness Champs from a “sell (e)” rating to a “sell (d-)” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Trading of Fitness Champs

An institutional investor recently bought a new position in Fitness Champs stock. Scientech Research LLC acquired a new stake in shares of Fitness Champs Holdings Ltd (NASDAQ:FCHL) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 45,312 shares of the company’s stock, valued at approximately $25,000.

Fitness Champs Trading Down 10.5%

FCHL stock traded down $0.12 during midday trading on Monday, hitting $1.02. The company’s stock had a trading volume of 67,845 shares, compared to its average volume of 804,573. Fitness Champs has a 12 month low of $0.86 and a 12 month high of $3,438.00. The company has a 50 day moving average of $1.29 and a two-hundred day moving average of $48.75.

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

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.