Short Interest in Wah Fu Education Group Limited (NASDAQ:WAFU) Decreases By 30.9%

Wah Fu Education Group Limited (NASDAQ:WAFU) saw a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 2,374 shares, a decrease of 30.9% from the February 26th total of 3,437 shares. Based on an average daily volume of 3,630 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Wah Fu Education Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Wah Fu Education Group Trading Down 8.7%

Shares of Wah Fu Education Group stock opened at $1.57 on Friday. Wah Fu Education Group has a 52-week low of $1.22 and a 52-week high of $3.39. The company has a 50 day moving average of $1.69 and a 200 day moving average of $1.71.

About Wah Fu Education Group

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.