Star Fashion Culture Holdings Limited (NASDAQ:STFS) Short Interest Up 627.9% in July

Star Fashion Culture Holdings Limited (NASDAQ:STFS) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 110,467 shares, an increase of 627.9% from the July 15th total of 15,176 shares. Currently, 9.3% of the shares of the stock are sold short. Based on an average daily volume of 1,846,046 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on STFS. Wall Street Zen upgraded Star Fashion Culture to a “hold” rating in a report on Saturday, July 4th. Weiss Ratings restated a “sell (d-)” rating on shares of Star Fashion Culture in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Star Fashion Culture Trading Up 0.3%

Shares of NASDAQ STFS traded up $0.01 during midday trading on Thursday, reaching $4.02. 18,861 shares of the stock were exchanged, compared to its average volume of 331,486. Star Fashion Culture has a 12 month low of $0.80 and a 12 month high of $89.20. The business has a 50-day simple moving average of $9.24 and a two-hundred day simple moving average of $6.68.

Star Fashion Culture (NASDAQ:STFS) last released its quarterly earnings data on Friday, May 29th. The company reported ($0.01) EPS for the quarter. The company had revenue of $6.36 million for the quarter.

Insider Buying and Selling at Star Fashion Culture

In related news, CFO Pingting Zhang acquired 2,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 22nd. The stock was purchased at an average price of $1.30 per share, for a total transaction of $2,600,000.00. Following the transaction, the chief financial officer directly owned 2,032,500 shares of the company’s stock, valued at approximately $2,642,250. This trade represents a 6,153.85% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

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.