Fast Track Group (NASDAQ:FTRK) Short Interest Down 83.1% in June

Fast Track Group (NASDAQ:FTRK) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 14,700 shares, a drop of 83.1% from the May 31st total of 86,892 shares. Based on an average trading volume of 129,825 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Fast Track Group

An institutional investor recently bought a new stake in Fast Track Group stock. Citadel Advisors LLC bought a new stake in shares of Fast Track Group (NASDAQ:FTRK) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 92,086 shares of the company’s stock, valued at approximately $51,000. Citadel Advisors LLC owned 0.42% of Fast Track Group as of its most recent filing with the Securities and Exchange Commission.

Fast Track Group Stock Performance

NASDAQ FTRK traded down $0.02 during trading on Friday, reaching $0.44. The company’s stock had a trading volume of 6,629 shares, compared to its average volume of 80,839. The firm has a 50 day moving average price of $0.43 and a 200 day moving average price of $0.56. Fast Track Group has a 12 month low of $0.29 and a 12 month high of $1.41.

About Fast Track Group

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. In addition to our expertise in event and concert management, we offer comprehensive value-added services tailored to meet specific client demands.