Classover Holdings, Inc. (NASDAQ:KIDZ) Short Interest Down 93.9% in August

Classover Holdings, Inc. (NASDAQ:KIDZGet Free Report) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 24,751 shares, a decline of 93.9% from the July 30th total of 404,511 shares. Based on an average daily volume of 389,269 shares, the days-to-cover ratio is currently 0.1 days. Currently, 2.9% of the company’s stock are sold short.

Institutional Trading of Classover

A hedge fund recently bought a new position in Classover stock. Sandia Investment Management LP purchased a new position in shares of Classover Holdings, Inc. (NASDAQ:KIDZFree Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 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 reporting period. 74.70% of the stock is owned by institutional investors.

Classover Stock Up 10.7%

Shares of KIDZ traded up $0.46 during midday trading on Tuesday, reaching $4.74. The stock had a trading volume of 150,575 shares, compared to its average volume of 674,397. The company has a market cap of $4.08 million, a price-to-earnings ratio of 0.05 and a beta of -0.66. The company’s fifty day simple moving average is $9.35 and its two-hundred day simple moving average is $248.16. Classover has a 1-year low of $3.85 and a 1-year high of $21,900.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 3.89.

Analysts Set New Price Targets

A number of research firms have issued reports on KIDZ. Weiss Ratings raised Classover from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 4th. Wall Street Zen raised Classover from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 15th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

View Our Latest Research Report on KIDZ

Classover Company Profile

(Get Free Report)

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.

See Also

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