Fast Track Group (NASDAQ:FTRK – Get Free Report) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 7,433 shares, a decrease of 49.4% from the June 15th total of 14,700 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 17,330 shares, the short-interest ratio is currently 0.4 days.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Fast Track Group in a research note on Monday, July 6th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.
Check Out Our Latest Analysis on Fast Track Group
Fast Track Group Price Performance
Fast Track Group (NASDAQ:FTRK – Get Free Report) last released its earnings results on Tuesday, June 30th. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $0.38 million during the quarter.
Institutional Trading of Fast Track Group
A hedge fund recently bought a new position in Fast Track Group stock. Citadel Advisors LLC purchased a new stake in shares of Fast Track Group (NASDAQ:FTRK – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 92,086 shares of the company’s stock, valued at approximately $51,000. Citadel Advisors LLC owned 0.42% of Fast Track Group at the end of the most recent reporting period.
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.
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