Short Interest in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Drops By 43.2%

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 20,886 shares, a drop of 43.2% from the July 15th total of 36,760 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,959 shares, the short-interest ratio is currently 3.5 days.

Ambow Education Price Performance

Shares of AMBO stock traded down $0.03 during midday trading on Monday, reaching $2.10. 4,933 shares of the company were exchanged, compared to its average volume of 116,917. The company’s 50 day moving average price is $2.26 and its two-hundred day moving average price is $2.26. Ambow Education has a 12 month low of $1.47 and a 12 month high of $6.75. The company has a quick ratio of 2.51, a current ratio of 2.53 and a debt-to-equity ratio of 0.31.

Ambow Education (NYSEAMERICAN:AMBO) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $2.39 million for the quarter.

Hedge Funds Weigh In On Ambow Education

A hedge fund recently bought a new position in Ambow Education stock. Citadel Advisors LLC purchased a new stake in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned 0.62% of Ambow Education as of its most recent filing with the Securities and Exchange Commission. 9.65% of the stock is owned by institutional investors.

About Ambow Education

Ambow Education (NYSEAMERICAN:AMBO) is a China-based provider of comprehensive educational services, operating through a network of subsidiaries and proprietary learning platforms. The company offers a spectrum of programs that span K-12 supplemental tutoring, vocational and professional training, and preparatory courses for English proficiency and standardized tests. Leveraging a blend of classroom instruction and online delivery, Ambow aims to enhance student outcomes through tailored curriculum design and technology-enabled teaching tools.

The company’s offerings include after-school tutoring for core academic subjects, career-focused training programs in areas such as finance, information technology and hospitality, and test-preparation services for exams including TOEFL and IELTS.