Short Interest in Star Fashion Culture Holdings Limited (NASDAQ:STFS) Declines By 73.1%

Star Fashion Culture Holdings Limited (NASDAQ:STFS) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 15,176 shares, a drop of 73.1% from the June 30th total of 56,339 shares. Based on an average daily volume of 145,135 shares, the short-interest ratio is currently 0.1 days. Approximately 1.3% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several brokerages recently commented on STFS. Wall Street Zen raised Star Fashion Culture to a “hold” rating in a research note on Saturday, July 4th. Weiss Ratings raised shares of Star Fashion Culture from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Star Fashion Culture Price Performance

Shares of NASDAQ STFS opened at $2.99 on Tuesday. The business’s 50-day simple moving average is $10.50 and its 200-day simple moving average is $6.73. Star Fashion Culture has a 52 week low of $0.80 and a 52 week high of $104.00.

Star Fashion Culture (NASDAQ:STFS) last posted its earnings results on Friday, May 29th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $6.36 million during the quarter.

About Star Fashion Culture

Star Fashion Culture Holdings Limited provides content marketing solutions services in the People’s Republic of China. It offers marketing campaign planning and execution services; offline advertising services; and online precision marketing services. The company was founded in 2015 and is based in Xiamen, the People’s Republic of China. Star Fashion Culture Holdings Limited operates as a subsidiary of Xingji ZhangPingting Limited.