Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Update

Wah Fu Education Group Limited (NASDAQ:WAFU) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 181,762 shares, an increase of 2,769.6% from the July 30th total of 6,334 shares. Approximately 22.2% of the company’s shares are short sold. Based on an average trading volume of 5,391,529 shares, the short-interest ratio is currently 0.0 days.

Wah Fu Education Group Trading Down 2.2%

WAFU traded down $0.03 during midday trading on Tuesday, reaching $1.35. 54,102 shares of the company’s stock traded hands, compared to its average volume of 358,017. Wah Fu Education Group has a 52 week low of $1.22 and a 52 week high of $3.39. The firm has a fifty day moving average of $1.53 and a two-hundred day moving average of $1.62.

Wah Fu Education Group (NASDAQ:WAFU) last issued its quarterly earnings data on Thursday, July 30th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $1.65 million during the quarter.

Institutional Trading of Wah Fu Education Group

An institutional investor recently bought a new stake in Wah Fu Education Group stock. Financial Plan Inc. acquired a new stake in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned 0.43% of Wah Fu Education Group at the end of the most recent quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Wah Fu Education Group in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Wah Fu Education Group Company Profile

Wah Fu Education Group (NASDAQ: WAFU) is a postsecondary vocational education provider in the People’s Republic of China, offering a range of career-oriented diploma and certificate programs. Through its network of licensed vocational schools, the company focuses on equipping students with practical skills in areas such as nursing, early childhood education, digital media, business administration and information technology. Wah Fu’s curriculum blends classroom instruction with hands-on training, aiming to meet the needs of local employers in sectors experiencing growth and skills shortages.

Founded in the early 2000s, Wah Fu has steadily expanded its footprint across Fujian Province, operating multiple campuses in cities including Xiamen, Fuzhou and Quanzhou.