Springview Holdings Ltd (NASDAQ:SPHL) Short Interest Update
by Doug Wharley · The Cerbat GemSpringview Holdings Ltd (NASDAQ:SPHL – Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 13,041 shares, a drop of 35.3% from the March 15th total of 20,160 shares. Based on an average daily volume of 14,429 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.6% of the shares of the company are short sold.
Analyst Upgrades and Downgrades
SPHL has been the subject of several research analyst reports. Wall Street Zen upgraded Springview to a “sell” rating in a research note on Saturday, February 7th. Weiss Ratings restated a “sell (d)” rating on shares of Springview in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.
Read Our Latest Report on SPHL
Springview Stock Performance
Springview stock opened at $2.58 on Thursday. Springview has a 12 month low of $1.92 and a 12 month high of $25.11. The business has a 50 day simple moving average of $3.08 and a 200-day simple moving average of $3.72.
Springview Company Profile
Our company, through our indirect wholly owned subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”), designs and constructs residential and commercial buildings in Singapore. Our projects cover four main types of work: (i) new construction, (ii) reconstruction, (iii) additions and alterations (A&A), and (iv) other general contracting services. For new construction, an existing house will be demolished, and a new house will be rebuilt. Our reconstruction work involves replacement of a substantial part of a house.