Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Up 3,031.6% in May

Wah Fu Education Group Limited (NASDAQ:WAFU) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 16,159 shares, an increase of 3,031.6% from the April 30th total of 516 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily volume of 20,593 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Wah Fu Education Group

A hedge fund recently bought a new stake in Wah Fu Education Group stock. Financial Plan Inc. purchased a new position in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) during the 1st quarter, according to its most recent Form 13F filing with the Securities and 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 filing with the Securities and Exchange Commission.

Wah Fu Education Group Stock Down 0.6%

Shares of NASDAQ:WAFU opened at $1.65 on Thursday. Wah Fu Education Group has a 52 week low of $1.30 and a 52 week high of $3.39. The business has a fifty day simple moving average of $1.63 and a 200-day simple moving average of $1.66.

Wah Fu Education Group (NASDAQ:WAFU) last released its quarterly earnings data on Monday, March 30th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $1.53 million during the quarter.

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.