Short Interest in Legacy Education Inc. (NYSEAMERICAN:LGCY) Drops By 33.3%

Legacy Education Inc. (NYSEAMERICAN:LGCY) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 52,474 shares, a drop of 33.3% from the January 29th total of 78,708 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 52,545 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 52,545 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.5% of the company’s stock are sold short.

Legacy Education Trading Up 1.8%

Legacy Education stock traded up $0.25 during mid-day trading on Friday, hitting $13.77. 95,915 shares of the company’s stock were exchanged, compared to its average volume of 73,634. Legacy Education has a 1-year low of $5.83 and a 1-year high of $13.89. The stock has a 50 day moving average of $10.75 and a two-hundred day moving average of $10.62. The stock has a market cap of $173.64 million, a P/E ratio of 22.57 and a beta of 3.28.

About Legacy Education

The Company owns and operates the following career institutions that focus on real-life training by utilizing educational practices in different job markets: High Desert Medical College (“HDMC”), Central Coast College (“CCC”), and Integrity College of Health (“Integrity”). HDMC has three campuses located in Lancaster, California, Bakersfield, California and Temecula, California. HDMC offers the following certificate or degree programs: ultrasound technician (“UT”), vocational nursing (“VN”), VN Associate of Applied Science, Associate Degree of Nursing, nursing assistant, Magnetic Resonance Imaging (“MRI”) Associate of Applied Science, cardiac sonography, pharmacy technician, dental assisting, clinical medical assisting and medical administrative assisting programs (including medical billing and coding programs), veterinary assistant, UT Associate of Applied Science degree, phlebotomy technician and nursing assistant avocational courses, and a number of continuing education programs.