Wah Fu Education Group Limited (NASDAQ:WAFU) Sees Large Growth in Short Interest

Wah Fu Education Group Limited (NASDAQ:WAFU – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 57,389 shares, an increase of 147.5% from the September 15th total of 23,185 shares. Currently, 7.0% of the company’s shares are short sold. Based on an average trading volume of 1,432,664 shares, the days-to-cover ratio is currently 0.0 days.

Wah Fu Education Group Price Performance

WAFU stock opened at $1.44 on Thursday. Wah Fu Education Group has a 1 year low of $1.22 and a 1 year high of $3.06. The firm has a 50-day moving average of $1.43 and a 200 day moving average of $1.55.

Wah Fu Education Group (NASDAQ:WAFU – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported ($0.11) EPS for the quarter. The business had revenue of $1.65 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Wah Fu Education Group in a research report on Tuesday, September 29th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Check Out Our Latest Stock Report on Wah Fu Education Group

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Wah Fu Education Group stock. Financial Plan Inc. purchased a new stake in shares of Wah Fu Education Group Limited (NASDAQ:WAFU – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned approximately 0.43% of Wah Fu Education Group as of its most recent SEC filing.

About Wah Fu Education Group

(Get Free Report)

Wah Fu Education Group Limited is a China-based education services company listed on the Nasdaq under the symbol WAFU. Through its operating subsidiaries, the company provides education-related services to students and other learners in the People’s Republic of China.

The company’s business includes online and offline education services. Its offerings have included education and training programs supported by digital learning resources, instructional content, and related student services.

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