Short Interest in Star Fashion Culture Holdings Limited (NASDAQ:STFS) Drops By 61.1%

Star Fashion Culture Holdings Limited (NASDAQ:STFS) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 14,345 shares, a drop of 61.1% from the March 15th total of 36,886 shares. Currently, 4.1% of the shares of the company are short sold. Based on an average daily volume of 11,811 shares, the days-to-cover ratio is presently 1.2 days.

Star Fashion Culture Stock Performance

Shares of STFS stock traded down $0.01 during mid-day trading on Tuesday, hitting $4.02. 2,256 shares of the stock were exchanged, compared to its average volume of 105,255. The stock’s fifty day simple moving average is $4.04 and its two-hundred day simple moving average is $5.30. Star Fashion Culture has a 12-month low of $0.80 and a 12-month high of $104.00.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Star Fashion Culture in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Star Fashion Culture Company Profile

Star Fashion Culture Holdings Limited provides content marketing solutions services in the People’s Republic of China. It offers marketing campaign planning and execution services; offline advertising services; and online precision marketing services. The company was founded in 2015 and is based in Xiamen, the People’s Republic of China. Star Fashion Culture Holdings Limited operates as a subsidiary of Xingji ZhangPingting Limited.