Short Interest in Wah Fu Education Group Limited (NASDAQ:WAFU) Drops By 42.4%

Wah Fu Education Group Limited (NASDAQ:WAFUGet Free Report) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 5,674 shares, a decrease of 42.4% from the June 15th total of 9,858 shares. Based on an average daily trading volume, of 16,169 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Investors Weigh In On Wah Fu Education Group

A hedge fund recently bought a new stake in Wah Fu Education Group stock. Financial Plan Inc. purchased a new position in Wah Fu Education Group Limited (NASDAQ:WAFUFree Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 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 at the end of the most recent reporting period.

Wah Fu Education Group Price Performance

Shares of NASDAQ WAFU opened at $1.54 on Thursday. The firm has a 50-day moving average of $1.63 and a two-hundred day moving average of $1.65. Wah Fu Education Group has a twelve month low of $1.37 and a twelve month high of $3.39.

Analyst Ratings Changes

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

View Our Latest Report on Wah Fu Education Group

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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