Springview Holdings Ltd (NASDAQ:SPHL) Short Interest Down 57.3% in December

Springview Holdings Ltd (NASDAQ:SPHL) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 55,583 shares, a decline of 57.3% from the November 30th total of 130,307 shares. Based on an average daily trading volume, of 217,070 shares, the short-interest ratio is presently 0.3 days. Approximately 3.4% of the company’s shares are short sold. Approximately 3.4% of the company’s shares are short sold. Based on an average daily trading volume, of 217,070 shares, the short-interest ratio is presently 0.3 days.

Springview Price Performance

Springview stock opened at $2.35 on Friday. The firm has a fifty day moving average of $3.69 and a 200-day moving average of $3.97. Springview has a 52-week low of $2.31 and a 52-week high of $62.40.

Springview (NASDAQ:SPHL) last announced its quarterly earnings results on Friday, September 26th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $1.47 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Springview in a report on Monday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Springview currently has a consensus rating of “Sell”.

Springview Company Profile

Our company, through our indirect wholly owned subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”), designs and constructs residential and commercial buildings in Singapore. Our projects cover four main types of work: (i) new construction, (ii) reconstruction, (iii) additions and alterations (A&A), and (iv) other general contracting services. For new construction, an existing house will be demolished, and a new house will be rebuilt. Our reconstruction work involves replacement of a substantial part of a house.