Star Fashion Culture Holdings Limited (NASDAQ:STFS) Short Interest Down 75.7% in August

Star Fashion Culture Holdings Limited (NASDAQ:STFS) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 26,794 shares, a decrease of 75.7% from the July 30th total of 110,467 shares. Currently, 2.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 409,654 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Several research firms have recently commented on STFS. Weiss Ratings reiterated a “sell (d-)” rating on shares of Star Fashion Culture in a report on Tuesday, August 4th. Wall Street Zen upgraded Star Fashion Culture to a “hold” rating in a research report on Saturday, July 4th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Insider Buying and Selling

In other Star Fashion Culture news, CFO Pingting Zhang bought 2,000,000 shares of Star Fashion Culture stock in a transaction that occurred on Wednesday, July 22nd. The shares were bought at an average price of $1.30 per share, with a total value of $2,600,000.00. Following the acquisition, the chief financial officer owned 2,032,500 shares in the company, valued at approximately $2,642,250. This trade represents a 6,153.85% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Star Fashion Culture Stock Down 2.8%

STFS opened at $4.22 on Friday. Star Fashion Culture has a one year low of $0.80 and a one year high of $20.99. The business has a 50 day simple moving average of $8.14 and a two-hundred day simple moving average of $6.64.

Star Fashion Culture (NASDAQ:STFS) last announced its earnings results on Friday, May 29th. The company reported ($0.01) EPS 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.