Short Interest in Classover Holdings, Inc. (NASDAQ:KIDZ) Decreases By 50.7%

Classover Holdings, Inc. (NASDAQ:KIDZ) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 271,274 shares, a drop of 50.7% from the November 30th total of 550,371 shares. Based on an average trading volume of 591,646 shares, the short-interest ratio is currently 0.5 days. Approximately 1.3% of the shares of the stock are sold short. Approximately 1.3% of the shares of the stock are sold short. Based on an average trading volume of 591,646 shares, the short-interest ratio is currently 0.5 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Classover in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Classover Trading Up 2.4%

KIDZ traded up $0.00 during trading on Monday, reaching $0.21. 660,905 shares of the company’s stock were exchanged, compared to its average volume of 4,015,838. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 2.13. Classover has a one year low of $0.20 and a one year high of $10.65. The firm has a fifty day moving average price of $0.46 and a two-hundred day moving average price of $1.41. The stock has a market capitalization of $5.80 million, a PE ratio of -0.67 and a beta of -0.43.

Classover (NASDAQ:KIDZ) last announced its earnings results on Thursday, November 13th. The company reported $0.39 EPS for the quarter. The company had revenue of $4.89 million during the quarter.

Hedge Funds Weigh In On Classover

A hedge fund recently bought a new stake in Classover stock. Harraden Circle Investments LLC purchased a new stake in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 241,621 shares of the company’s stock, valued at approximately $292,000. Harraden Circle Investments LLC owned about 1.02% of Classover as of its most recent filing with the SEC. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

Classover Company Profile

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.