Short Interest in Fitness Champs Holdings Ltd (NASDAQ:FCHL) Increases By 582.6%

Fitness Champs Holdings Ltd (NASDAQ:FCHLGet Free Report) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 24,136 shares, an increase of 582.6% from the August 15th total of 3,536 shares. Based on an average daily volume of 29,701 shares, the short-interest ratio is presently 0.8 days.

Wall Street Analysts Forecast Growth

FCHL has been the topic of a number of research analyst reports. Wall Street Zen upgraded Fitness Champs from a “sell” rating to a “hold” rating in a research report on Monday, May 25th. Weiss Ratings cut Fitness Champs from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, August 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

View Our Latest Stock Analysis on Fitness Champs

Fitness Champs Stock Down 2.9%

Fitness Champs stock opened at $0.94 on Friday. Fitness Champs has a 52-week low of $0.86 and a 52-week high of $3,438.00. The firm’s fifty day moving average is $1.13 and its 200 day moving average is $22.70.

Fitness Champs (NASDAQ:FCHLGet Free Report) last issued its quarterly earnings data on Thursday, August 27th. The company reported ($1.42) EPS for the quarter. The business had revenue of $0.79 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Fitness Champs stock. Scientech Research LLC acquired a new stake in shares of Fitness Champs Holdings Ltd (NASDAQ:FCHLFree Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,312 shares of the company’s stock, valued at approximately $25,000.

Fitness Champs Company Profile

(Get Free Report)

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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