Fitness Champs Holdings Ltd (NASDAQ:FCHL – Get Free Report) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 3,536 shares, a growth of 108.1% from the July 30th total of 1,699 shares. Based on an average daily trading volume, of 59,751 shares, the days-to-cover ratio is currently 0.1 days.
Hedge Funds Weigh In On Fitness Champs
A hedge fund 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 – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 45,312 shares of the company’s stock, valued at approximately $25,000.
Analyst Ratings Changes
A number of brokerages recently weighed in on FCHL. Wall Street Zen raised Fitness Champs from a “sell” rating to a “hold” rating in a research note on Monday, May 25th. Weiss Ratings cut Fitness Champs from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Fitness Champs presently has an average rating of “Sell”.
Fitness Champs Trading Down 0.1%
Shares of FCHL stock opened at $1.02 on Friday. Fitness Champs has a 12 month low of $0.86 and a 12 month high of $3,438.00. The stock has a 50 day moving average of $1.17 and a two-hundred day moving average of $29.64.
Fitness Champs (NASDAQ:FCHL – Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported ($1.42) earnings per share for the quarter. The business had revenue of $0.79 million during the quarter.
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.
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