Short Interest in Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) Drops By 34.3%

Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEHGet Free Report) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 17,280 shares, a drop of 34.3% from the June 30th total of 26,297 shares. Approximately 59.6% of the shares of the company are short sold. Based on an average trading volume of 43,546 shares, the days-to-cover ratio is presently 0.4 days.

Lixiang Education Price Performance

LXEH stock opened at $1.57 on Friday. The stock’s fifty day simple moving average is $1.42 and its two-hundred day simple moving average is $1.78. Lixiang Education has a 1-year low of $0.83 and a 1-year high of $32.80.

Lixiang Education (NASDAQ:LXEHGet Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported ($3.59) earnings per share (EPS) for the quarter. The business had revenue of $1.13 million during the quarter.

Hedge Funds Weigh In On Lixiang Education

A hedge fund recently bought a new position in Lixiang Education stock. XTX Topco Ltd acquired a new position in shares of Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEHFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 30,222 shares of the company’s stock, valued at approximately $43,000. XTX Topco Ltd owned about 2.58% of Lixiang Education as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 0.51% of the company’s stock.

Lixiang Education Company Profile

(Get Free Report)

Lixiang Education Holding Co, Ltd. provides primary and middle school education services from grade 1 to grade 9 in the People's Republic of China. As of December 31, 2020, the company operated two campuses, including Baiyun Campus and Yijing Campus. It also engages in the operation of food procurement. The company was formerly known as Lianwai Education Group Limited and changed its name to Lixiang Education Holding Co, Ltd. in May 26, 2020. The company was founded in 2001 and is headquartered in Lishui, the People's Republic of China.

Featured Stories

Receive News & Ratings for Lixiang Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lixiang Education and related companies with MarketBeat.com's FREE daily email newsletter.