Classover Holdings, Inc. (NASDAQ:KIDZ) Short Interest Up 85.0% in May

Classover Holdings, Inc. (NASDAQ:KIDZ) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 305,635 shares, a growth of 85.0% from the May 14th total of 165,177 shares. Currently, 3.9% of the company’s stock are short sold. Based on an average daily volume of 22,263,034 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Classover

A hedge fund recently bought a new stake in Classover stock. Sandia Investment Management LP acquired a new position in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned about 0.38% of Classover at the end of the most recent quarter. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Weiss Ratings raised shares of Classover from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 4th. Wall Street Zen cut shares of Classover from a “hold” rating to a “strong sell” rating in a research report on Saturday, April 11th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Classover Stock Up 6.5%

KIDZ stock traded up $0.11 during mid-day trading on Monday, reaching $1.83. The company had a trading volume of 115,010 shares, compared to its average volume of 603,990. The firm has a fifty day simple moving average of $10.61 and a 200 day simple moving average of $60.25. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market capitalization of $1.45 million, a price-to-earnings ratio of -0.25 and a beta of -0.83. Classover has a fifty-two week low of $1.55 and a fifty-two week high of $2,325.00.

Classover (NASDAQ:KIDZ) last announced its quarterly earnings data on Friday, May 15th. The company reported ($3,656,370.00) EPS for the quarter. The company had revenue of $0.52 million for the quarter. Classover had a negative return on equity of 281.13% and a negative net margin of 356.34%.

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.