Fitness Champs Holdings Ltd (NASDAQ:FCHL) Short Interest Down 44.5% in July

Fitness Champs Holdings Ltd (NASDAQ:FCHL) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 1,699 shares, a decline of 44.5% from the July 15th total of 3,063 shares. Based on an average daily volume of 349,668 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Several equities analysts recently commented on FCHL shares. Wall Street Zen upgraded 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 report on Thursday, June 11th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Fitness Champs Trading Down 4.3%

Shares of FCHL stock traded down $0.05 on Monday, reaching $1.10. 29,506 shares of the stock were exchanged, compared to its average volume of 757,099. The firm has a 50 day moving average of $1.21 and a two-hundred day moving average of $36.60. Fitness Champs has a 1-year low of $0.86 and a 1-year high of $3,438.00.

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

Hedge Funds Weigh In On Fitness Champs

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

Fitness Champs Company Profile

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.