Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) Sees Large Increase in Short Interest

Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEHGet Free Report) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 33,854 shares, a growth of 1,109.9% from the April 30th total of 2,798 shares. Approximately 116.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 87,938 shares, the days-to-cover ratio is currently 0.4 days.

Lixiang Education Trading Down 0.6%

LXEH traded down $0.01 during trading on Wednesday, hitting $1.53. The company’s stock had a trading volume of 16,734 shares, compared to its average volume of 69,448. The firm’s 50 day moving average price is $1.64 and its two-hundred day moving average price is $2.27. Lixiang Education has a 12 month low of $0.83 and a 12 month high of $32.80.

Lixiang Education (NASDAQ:LXEHGet Free Report) last issued 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

An institutional investor recently bought a new position in Lixiang Education stock. XTX Topco Ltd acquired a new stake in Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEHFree Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund 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 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.