Short Interest in Rich Sparkle Holdings Limited (NASDAQ:ANPA) Declines By 92.3%

Key Points

• Short interest in Rich Sparkle Holdings Limited (NASDAQ:ANPA) fell by 92.3% in September, with total short shares decreasing from 325,200 to 25,000.
• The current short-interest ratio is 0.0 days based on an average daily volume of 516,100 shares.
• Wall Street analysts have raised the stock's rating to "hold" as of July 20th, amidst declining trading activity.

Rich Sparkle Holdings Limited (NASDAQ:ANPA - Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 25,000 shares, a drop of 92.3% from the August 31st total of 325,200 shares. Based on an average daily volume of 516,100 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 516,100 shares, the short-interest ratio is presently 0.0 days.

Rich Sparkle Stock Performance

Shares of ANPA stock traded down $0.31 during trading on Tuesday, hitting $29.60. 12,378 shares of the stock traded hands, compared to its average volume of 472,788. The firm's fifty day moving average price is $35.94. Rich Sparkle has a 52-week low of $2.80 and a 52-week high of $54.75.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Rich Sparkle to a "hold" rating in a research report on Sunday, July 20th.

About Rich Sparkle

Rich Sparkle Holdings Limited is a financial printing and corporate services provider which specializes in designing and printing quality financial print materials principally in Hong Kong. Its service portfolio covers a myriad of deliverables, mainly including listing documents, financial reports, fund documents, circulars and announcements.

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