Short Interest in Fast Track Group (NASDAQ:FTRK) Drops By 83.1%

Fast Track Group (NASDAQ:FTRK) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 14,700 shares, a decrease of 83.1% from the May 31st total of 86,892 shares. Based on an average daily trading volume, of 129,825 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of Fast Track Group

An institutional investor recently bought a new stake in Fast Track Group stock. Citadel Advisors LLC acquired a new stake in shares of Fast Track Group (NASDAQ:FTRK) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 92,086 shares of the company’s stock, valued at approximately $51,000. Citadel Advisors LLC owned about 0.42% of Fast Track Group at the end of the most recent reporting period.

Fast Track Group Price Performance

Shares of FTRK traded down $0.02 on Friday, hitting $0.44. 6,629 shares of the stock traded hands, compared to its average volume of 80,839. The business has a 50 day simple moving average of $0.43 and a 200 day simple moving average of $0.56. Fast Track Group has a one year low of $0.29 and a one year high of $1.41.

About Fast Track Group

Fast Track Events Pte. Ltd. was incorporated as an exempt private company limited by shares in Singapore on March 8, 2012 as an operating company of our businesses. We are a regional entertainment-focused event management and marketing company that provides a full range of services including experiential marketing, artiste endorsement and management, movie premiere organizations, grand openings and concerts. In addition to our expertise in event and concert management, we offer comprehensive value-added services tailored to meet specific client demands.