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

Fitness Champs Holdings Ltd (NASDAQ:FCHL) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 238,756 shares, a decrease of 79.8% from the April 30th total of 1,180,738 shares. Based on an average daily volume of 6,144,687 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

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

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Fitness Champs from a “sell” rating to a “hold” rating in a research report on Monday, May 25th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Fitness Champs Trading Down 1.4%

Shares of FCHL traded down $0.02 during mid-day trading on Friday, reaching $1.38. 125,322 shares of the company’s stock traded hands, compared to its average volume of 985,653. The stock’s 50-day moving average is $28.22 and its two-hundred day moving average is $88.36. Fitness Champs has a 12 month low of $1.27 and a 12 month high of $3,438.00.

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

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.