Star Fashion Culture Holdings Limited (NASDAQ:STFS – Get Free Report) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 26,794 shares, a decline of 75.7% from the July 30th total of 110,467 shares. Currently, 2.2% of the company’s shares are short sold. Based on an average daily volume of 409,654 shares, the short-interest ratio is presently 0.1 days.
Insider Activity at Star Fashion Culture
In related news, CFO Pingting Zhang purchased 2,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 22nd. The stock was acquired at an average price of $1.30 per share, for a total transaction of $2,600,000.00. Following the transaction, the chief financial officer directly owned 2,032,500 shares of the company’s stock, valued at $2,642,250. This trade represents a 6,153.85% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.
Wall Street Analysts Forecast Growth
STFS has been the topic of several analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Star Fashion Culture in a research report on Tuesday, August 4th. Wall Street Zen raised shares of Star Fashion Culture to a “hold” rating in a research report on Saturday, July 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.
Star Fashion Culture Stock Down 2.8%
Shares of Star Fashion Culture stock traded down $0.12 during trading on Friday, hitting $4.22. 94,528 shares of the stock traded hands, compared to its average volume of 350,918. The company has a fifty day moving average price of $8.14 and a two-hundred day moving average price of $6.64. Star Fashion Culture has a twelve month low of $0.80 and a twelve month high of $20.99.
Star Fashion Culture (NASDAQ:STFS – Get Free Report) last released its quarterly earnings data on Friday, May 29th. The company reported ($0.01) EPS for the quarter. The company had revenue of $6.36 million during the quarter.
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.
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