Fitness Champs Holdings Ltd (NASDAQ:FCHL) Sees Large Drop in Short Interest

Fitness Champs Holdings Ltd (NASDAQ:FCHL) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 3,063 shares, a decline of 78.7% from the June 30th total of 14,384 shares. Based on an average daily trading volume, of 158,093 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

A number of research analysts recently commented on FCHL shares. Wall Street Zen upgraded shares of Fitness Champs from a “sell” rating to a “hold” rating in a research note on Monday, May 25th. Weiss Ratings upgraded shares of Fitness Champs from a “sell (e)” rating to a “sell (d-)” rating in a research report on Thursday, June 11th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Trading of Fitness Champs

A hedge fund recently bought a new position 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 Form 13F filing with the SEC. The fund acquired 45,312 shares of the company’s stock, valued at approximately $25,000.

Fitness Champs Trading Down 1.7%

FCHL stock opened at $1.14 on Friday. The business’s fifty day moving average price is $1.29 and its two-hundred day moving average price is $49.21. Fitness Champs has a fifty-two week low of $0.86 and a fifty-two week high of $3,438.00.

Fitness Champs (NASDAQ:FCHL) last posted its earnings results on Saturday, May 16th. The company reported ($52.14) earnings per share for the quarter. The firm had revenue of $0.76 million during the quarter.

Fitness Champs Company Profile

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.