Springview Holdings Ltd (NASDAQ:SPHL) Sees Significant Decrease in Short Interest

Springview Holdings Ltd (NASDAQ:SPHLGet Free Report) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 47,800 shares, a drop of 69.5% from the September 15th total of 156,700 shares. Based on an average daily volume of 1,570,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.5% of the company’s stock are short sold. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 1,570,000 shares, the days-to-cover ratio is currently 0.0 days.

Springview Stock Performance

Shares of NASDAQ SPHL opened at $0.61 on Monday. Springview has a one year low of $0.35 and a one year high of $7.80. The company’s fifty day moving average is $0.51 and its two-hundred day moving average is $0.51.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Springview in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

View Our Latest Stock Report on SPHL

About Springview

(Get Free Report)

Our company, through our indirect wholly owned subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”), designs and constructs residential and commercial buildings in Singapore. Our projects cover four main types of work: (i) new construction, (ii) reconstruction, (iii) additions and alterations (A&A), and (iv) other general contracting services.

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