Fast Track Group (NASDAQ:FTRK) Short Interest Up 81.7% in October

Fast Track Group (NASDAQ:FTRK) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 23,800 shares, a growth of 81.7% from the September 30th total of 13,100 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 225,000 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 225,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Fast Track Group Stock Performance

Shares of FTRK opened at $0.49 on Friday. The company has a fifty day moving average price of $0.54. Fast Track Group has a 1 year low of $0.39 and a 1 year high of $9.69.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of Fast Track Group in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Fast Track Group currently has a consensus rating of “Sell”.

Fast Track Group Company Profile

Fast Track Events Pte. Ltd. was incorporated as an exempt private company limited by shares in Singapore on March 8, 2012 as an operating company of our businesses. We are a regional entertainment-focused event management and marketing company that provides a full range of services including experiential marketing, artiste endorsement and management, movie premiere organizations, grand openings and concerts.