Star Fashion Culture Holdings Limited (NASDAQ:STFS) Sees Significant Increase in Short Interest

Star Fashion Culture Holdings Limited (NASDAQ:STFS) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 110,467 shares, a growth of 627.9% from the July 15th total of 15,176 shares. Approximately 9.3% of the company’s shares are short sold. Based on an average daily volume of 1,846,046 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of brokerages have weighed in on STFS. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Star Fashion Culture in a research report on Tuesday, August 4th. Wall Street Zen raised shares of Star Fashion Culture to a “hold” rating in a research note on Saturday, July 4th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Insider Buying and Selling at Star Fashion Culture

In other news, CFO Pingting Zhang bought 2,000,000 shares of the firm’s stock in a transaction dated Wednesday, July 22nd. The stock was acquired at an average price of $1.30 per share, for a total transaction of $2,600,000.00. Following the acquisition, the chief financial officer owned 2,032,500 shares of the company’s stock, valued at $2,642,250. This trade represents a 6,153.85% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Star Fashion Culture Price Performance

Star Fashion Culture stock opened at $4.04 on Friday. The stock’s 50 day moving average price is $9.11 and its 200 day moving average price is $6.68. Star Fashion Culture has a one year low of $0.80 and a one year high of $89.20.

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