Springview Holdings Ltd (NASDAQ:SPHL) Short Interest Down 63.3% in December

Springview Holdings Ltd (NASDAQ:SPHLGet Free Report) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 20,396 shares, a drop of 63.3% from the December 15th total of 55,583 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average trading volume of 52,836 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 52,836 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.2% of the shares of the stock are sold short.

Key Stories Impacting Springview

Here are the key news stories impacting Springview this week:

Springview Price Performance

Springview stock traded down $5.16 during mid-day trading on Friday, reaching $12.25. 1,681,814 shares of the company were exchanged, compared to its average volume of 10,420,394. The company has a fifty day simple moving average of $3.33 and a 200-day simple moving average of $3.88. Springview has a 12 month low of $1.92 and a 12 month high of $62.40.

Springview (NASDAQ:SPHLGet Free Report) last issued its quarterly earnings results on Friday, September 26th. The company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $1.47 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Springview in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on Springview

Springview Company Profile

(Get Free Report)

Our company, through our indirect wholly owned subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”), designs and constructs residential and commercial buildings in Singapore. Our projects cover four main types of work: (i) new construction, (ii) reconstruction, (iii) additions and alterations (A&A), and (iv) other general contracting services. For new construction, an existing house will be demolished, and a new house will be rebuilt. Our reconstruction work involves replacement of a substantial part of a house.

Further Reading

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