Fitness Champs Holdings Ltd (NASDAQ:FCHL) Short Interest Down 44.5% in July

Fitness Champs Holdings Ltd (NASDAQ:FCHL) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,699 shares, a drop of 44.5% from the July 15th total of 3,063 shares. Based on an average daily volume of 349,668 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Several equities analysts have weighed in on FCHL shares. Weiss Ratings upgraded shares of Fitness Champs from a “sell (e)” rating to a “sell (d-)” rating in a report on Thursday, June 11th. Wall Street Zen upgraded shares of Fitness Champs from a “sell” rating to a “hold” rating in a report on Monday, May 25th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Fitness Champs Stock Down 4.5%

Shares of NASDAQ:FCHL traded down $0.05 during midday trading on Tuesday, reaching $1.07. 52,403 shares of the company’s stock were exchanged, compared to its average volume of 752,614. The firm’s 50 day simple moving average is $1.21 and its two-hundred day simple moving average is $35.86. 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 released its quarterly earnings results on Saturday, May 16th. The company reported ($52.14) earnings per share (EPS) for the quarter. The firm had revenue of $0.76 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Fitness Champs stock. Scientech Research LLC purchased a new position in shares of Fitness Champs Holdings Ltd (NASDAQ:FCHL) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 45,312 shares of the company’s stock, valued at approximately $25,000.

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.