Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Update

Wah Fu Education Group Limited (NASDAQ:WAFUGet Free Report) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 56,898 shares, a drop of 68.7% from the August 15th total of 181,762 shares. Currently, 7.0% of the shares of the stock are short sold. Based on an average trading volume of 60,537 shares, the days-to-cover ratio is presently 0.9 days.

Wah Fu Education Group Stock Up 0.4%

Shares of NASDAQ:WAFU opened at $1.38 on Friday. The stock’s 50-day moving average price is $1.47 and its 200-day moving average price is $1.59. Wah Fu Education Group has a 12-month low of $1.22 and a 12-month high of $3.06.

Wah Fu Education Group (NASDAQ:WAFUGet Free Report) last released its earnings results on Thursday, July 30th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $1.65 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Wah Fu Education Group in a report on Thursday, July 2nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Wah Fu Education Group has a consensus rating of “Sell”.

Get Our Latest Report on WAFU

Institutional Trading of Wah Fu Education Group

A hedge fund recently bought a new stake in Wah Fu Education Group stock. Financial Plan Inc. acquired a new stake in Wah Fu Education Group Limited (NASDAQ:WAFUFree Report) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned about 0.43% of Wah Fu Education Group as of its most recent filing with the Securities & Exchange Commission.

About Wah Fu Education Group

(Get Free Report)

Wah Fu Education Group (NASDAQ: WAFU) is a postsecondary vocational education provider in the People’s Republic of China, offering a range of career-oriented diploma and certificate programs. Through its network of licensed vocational schools, the company focuses on equipping students with practical skills in areas such as nursing, early childhood education, digital media, business administration and information technology. Wah Fu’s curriculum blends classroom instruction with hands-on training, aiming to meet the needs of local employers in sectors experiencing growth and skills shortages.

Founded in the early 2000s, Wah Fu has steadily expanded its footprint across Fujian Province, operating multiple campuses in cities including Xiamen, Fuzhou and Quanzhou.

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