Short Interest in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Drops By 67.0%

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO – Get Free Report) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 8,441 shares, a drop of 67.0% from the August 15th total of 25,564 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 6,546 shares, the days-to-cover ratio is currently 1.3 days.

Ambow Education Stock Performance

Shares of AMBO traded up $0.01 during midday trading on Friday, hitting $2.09. The stock had a trading volume of 2,069 shares, compared to its average volume of 4,703. The business has a 50-day simple moving average of $2.12 and a two-hundred day simple moving average of $2.20. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.34 and a current ratio of 2.44. Ambow Education has a fifty-two week low of $1.47 and a fifty-two week high of $6.75.

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Ambow Education (NYSEAMERICAN:AMBO – Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.05) EPS for the quarter. The company had revenue of $2.39 million for the quarter.

Institutional Trading of Ambow Education

An institutional investor 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 – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned approximately 0.62% of Ambow Education at the end of the most recent quarter. 9.65% of the stock is currently owned by institutional investors and hedge funds.

About Ambow Education

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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.

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