Star Fashion Culture Holdings Limited (NASDAQ:STFS) Sees Significant Drop in Short Interest

Star Fashion Culture Holdings Limited (NASDAQ:STFS) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 194,379 shares, a decline of 43.9% from the November 30th total of 346,268 shares. Approximately 1.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,115,141 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 1,115,141 shares, the days-to-cover ratio is presently 0.2 days. Approximately 1.8% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Star Fashion Culture in a research note on Monday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Star Fashion Culture presently has an average rating of “Sell”.

Hedge Funds Weigh In On Star Fashion Culture

A hedge fund recently bought a new stake in Star Fashion Culture stock. Kingstone Capital Partners Texas LLC purchased a new position in shares of Star Fashion Culture Holdings Limited (NASDAQ:STFS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 30,000 shares of the company’s stock, valued at approximately $32,000. Kingstone Capital Partners Texas LLC owned about 0.28% of Star Fashion Culture as of its most recent filing with the Securities and Exchange Commission (SEC).

Star Fashion Culture Trading Down 1.1%

NASDAQ:STFS opened at $0.10 on Friday. Star Fashion Culture has a twelve month low of $0.10 and a twelve month high of $17.91. The company has a fifty day moving average of $0.15 and a 200-day moving average of $0.65.

Star Fashion Culture (NASDAQ:STFS) last announced its quarterly earnings data on Wednesday, November 12th. The company reported ($0.90) EPS for the quarter. The business had revenue of $3.85 million during the quarter.

About Star Fashion Culture

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.