Short Interest in Springview Holdings Ltd (NASDAQ:SPHL) Grows By 339.9%

Springview Holdings Ltd (NASDAQ:SPHL) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 101,226 shares, a growth of 339.9% from the January 15th total of 23,013 shares. Based on an average daily trading volume, of 1,302,481 shares, the short-interest ratio is presently 0.1 days. Currently, 4.5% of the company’s stock are sold short. Currently, 4.5% of the company’s stock are sold short. Based on an average daily trading volume, of 1,302,481 shares, the short-interest ratio is presently 0.1 days.

Springview Price Performance

NASDAQ SPHL traded up $0.58 during trading hours on Thursday, reaching $4.74. The stock had a trading volume of 5,653 shares, compared to its average volume of 4,394,908. Springview has a 52-week low of $1.92 and a 52-week high of $62.40. The stock has a fifty day moving average of $4.01 and a 200 day moving average of $4.04.

Springview (NASDAQ:SPHL) last released its quarterly earnings data on Friday, September 26th. The company reported ($0.08) EPS for the quarter. The firm had revenue of $1.47 million for the quarter.

Analyst Ratings Changes

Several brokerages recently commented on SPHL. Wall Street Zen raised shares of Springview to a “sell” rating in a research report on Saturday, February 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Springview in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Springview has an average rating of “Sell”.

About Springview

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. For new construction, an existing house will be demolished, and a new house will be rebuilt. Our reconstruction work involves replacement of a substantial part of a house.