Springview Holdings Ltd (NASDAQ:SPHL) Short Interest Update

Springview Holdings Ltd (NASDAQ:SPHL) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 101,226 shares, an increase of 339.9% from the January 15th total of 23,013 shares. Based on an average daily trading volume, of 1,302,481 shares, the days-to-cover ratio is currently 0.1 days. Currently, 4.5% of the company’s stock are short sold. Currently, 4.5% of the company’s stock are short sold. Based on an average daily trading volume, of 1,302,481 shares, the days-to-cover ratio is currently 0.1 days.

Springview Stock Performance

NASDAQ:SPHL opened at $4.22 on Friday. The business has a fifty day moving average price of $4.03 and a 200-day moving average price of $4.04. Springview has a one year low of $1.92 and a one year high of $62.40.

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

Wall Street Analyst Weigh In

Several analysts have commented on SPHL shares. Weiss Ratings reissued a “sell (d)” rating on shares of Springview in a report on Monday, December 29th. Wall Street Zen raised Springview to a “sell” rating in a research report on Saturday, February 7th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock 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.