Fast Track Group (NASDAQ:FTRK) Sees Large Decrease in Short Interest

Fast Track Group (NASDAQ:FTRK) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 210,343 shares, a drop of 20.7% from the December 15th total of 265,388 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average trading volume of 174,142 shares, the days-to-cover ratio is currently 1.2 days. Based on an average trading volume of 174,142 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.0% of the shares of the stock are sold short.

Institutional Trading of Fast Track Group

A hedge fund recently bought a new stake in Fast Track Group stock. Citadel Advisors LLC bought a new stake in Fast Track Group (NASDAQ:FTRK) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 92,086 shares of the company’s stock, valued at approximately $51,000. Citadel Advisors LLC owned 0.42% of Fast Track Group at the end of the most recent quarter.

Fast Track Group Trading Down 1.5%

Shares of NASDAQ FTRK traded down $0.01 during trading on Friday, reaching $0.75. The company had a trading volume of 14,100 shares, compared to its average volume of 104,981. Fast Track Group has a 52 week low of $0.29 and a 52 week high of $9.69. The business’s 50 day moving average price is $0.66 and its 200-day moving average price is $0.59.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Fast Track Group in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Fast Track Group Company Profile

Fast Track Events Pte. Ltd. was incorporated as an exempt private company limited by shares in Singapore on March 8, 2012 as an operating company of our businesses. We are a regional entertainment-focused event management and marketing company that provides a full range of services including experiential marketing, artiste endorsement and management, movie premiere organizations, grand openings and concerts. In addition to our expertise in event and concert management, we offer comprehensive value-added services tailored to meet specific client demands.