Fast Track Group (NASDAQ:FTRK) Short Interest Update

Fast Track Group (NASDAQ:FTRK) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 210,343 shares, a decrease of 20.7% from the December 15th total of 265,388 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average trading volume of 174,142 shares, the short-interest ratio is currently 1.2 days. Based on an average trading volume of 174,142 shares, the short-interest ratio is currently 1.2 days. Approximately 1.0% of the shares of the company are short sold.

Institutional Trading of Fast Track Group

An institutional investor recently bought a new position in Fast Track Group stock. Citadel Advisors LLC acquired a new position in shares of Fast Track Group (NASDAQ:FTRK) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 92,086 shares of the company’s stock, valued at approximately $51,000. Citadel Advisors LLC owned approximately 0.42% of Fast Track Group at the end of the most recent reporting period.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Fast Track Group in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Fast Track Group Price Performance

Shares of Fast Track Group stock traded up $0.08 during trading on Tuesday, hitting $0.83. 102,294 shares of the company’s stock traded hands, compared to its average volume of 109,158. The firm’s fifty day moving average price is $0.66 and its 200 day moving average price is $0.59. Fast Track Group has a twelve month low of $0.29 and a twelve month high of $9.69.

Fast Track Group (NASDAQ:FTRK) last posted its quarterly earnings results on Tuesday, January 13th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $0.47 million for the quarter.

About Fast Track Group

Fast Track Events Pte. Ltd. was incorporated as an exempt private company limited by shares in Singapore on March 8, 2012 as an operating company of our businesses. We are a regional entertainment-focused event management and marketing company that provides a full range of services including experiential marketing, artiste endorsement and management, movie premiere organizations, grand openings and concerts. In addition to our expertise in event and concert management, we offer comprehensive value-added services tailored to meet specific client demands.