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 decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,699 shares, a decrease of 44.5% from the July 15th total of 3,063 shares. Based on an average trading volume of 349,668 shares, the short-interest ratio is currently 0.0 days.

Fitness Champs Stock Performance

FCHL stock traded down $0.05 during midday trading on Monday, hitting $1.10. 29,506 shares of the stock were exchanged, compared to its average volume of 757,099. The stock’s 50-day moving average price is $1.21 and its 200-day moving average price is $36.60. 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 posted its earnings results on Saturday, May 16th. The company reported ($52.14) earnings per share for the quarter. The business had revenue of $0.76 million during the quarter.

Hedge Funds Weigh In On Fitness Champs

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

Analysts Set New Price Targets

FCHL has been the topic of several research analyst reports. Wall Street Zen upgraded shares of Fitness Champs from a “sell” rating to a “hold” rating in a research report on Monday, May 25th. Weiss Ratings upgraded shares of Fitness Champs from a “sell (e)” rating to a “sell (d-)” rating in a research note on Thursday, June 11th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Fitness Champs presently has a consensus rating of “Sell”.

Fitness Champs Company Profile

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.