Fitness Champs Holdings Ltd (NASDAQ:FCHL) Short Interest Update

Fitness Champs Holdings Ltd (NASDAQ:FCHL) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,180,738 shares, an increase of 149.1% from the April 15th total of 473,943 shares. Based on an average trading volume of 75,164,332 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Fitness Champs

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

Fitness Champs Trading Down 34.3%

Shares of FCHL traded down $0.92 on Friday, reaching $1.76. 870,960 shares of the company’s stock were exchanged, compared to its average volume of 1,069,655. The business has a 50 day moving average price of $47.19 and a two-hundred day moving average price of $103.06. Fitness Champs has a 12 month low of $1.27 and a 12 month high of $3,438.00.

Fitness Champs (NASDAQ:FCHL) last posted its quarterly earnings results on Friday, May 15th. The company reported ($52.14) earnings per share for the quarter. The company had revenue of $0.76 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of Fitness Champs from a “hold” rating to a “sell” rating in a research note on Sunday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

About Fitness Champs

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.