Classover Holdings, Inc. (NASDAQ:KIDZ) Short Interest Update

Classover Holdings, Inc. (NASDAQ:KIDZ) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 165,177 shares, a drop of 66.2% from the April 30th total of 489,270 shares. Currently, 16.4% of the shares of the company are sold short. Based on an average daily volume of 4,495,181 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

KIDZ has been the subject of a number of recent analyst reports. Weiss Ratings cut shares of Classover from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 22nd. Wall Street Zen cut shares of Classover from a “hold” rating to a “strong sell” rating in a research note on Saturday, April 11th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Classover

A hedge fund recently bought a new stake in Classover stock. Sandia Investment Management LP bought a new position in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned approximately 0.38% of Classover as of its most recent SEC filing. 74.70% of the stock is currently owned by institutional investors and hedge funds.

Classover Stock Performance

Shares of NASDAQ:KIDZ traded down $0.02 during trading on Monday, hitting $0.39. 11,417,338 shares of the stock traded hands, compared to its average volume of 4,842,574. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.40. The company has a market cap of $3.06 million, a price-to-earnings ratio of -0.13 and a beta of -0.83. The company has a fifty day moving average price of $1.52 and a two-hundred day moving average price of $7.65. Classover has a 52-week low of $0.35 and a 52-week high of $309.00.

Classover (NASDAQ:KIDZ) last posted its earnings results on Friday, May 15th. The company reported ($365,637.00) earnings per share for the quarter. Classover had a negative net margin of 356.34% and a negative return on equity of 281.13%. The firm had revenue of $0.52 million for the quarter.

About Classover

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.