Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Short Interest Down 43.2% in July

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOGet Free Report) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 20,886 shares, a drop of 43.2% from the July 15th total of 36,760 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 5,959 shares, the short-interest ratio is presently 3.5 days.

Ambow Education Stock Performance

AMBO traded up $0.02 during trading on Tuesday, reaching $2.09. 5,430 shares of the company’s stock were exchanged, compared to its average volume of 116,248. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 2.51. Ambow Education has a fifty-two week low of $1.47 and a fifty-two week high of $6.75. The company’s fifty day moving average price is $2.25 and its 200-day moving average price is $2.26.

Ambow Education (NYSEAMERICAN:AMBOGet Free Report) last posted its earnings results on Friday, August 14th. The company reported ($0.05) earnings per share for the quarter. The business had revenue of $2.39 million during the quarter.

Hedge Funds Weigh In On Ambow Education

An institutional investor recently bought a new position in Ambow Education stock. Citadel Advisors LLC bought a new position in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned approximately 0.62% of Ambow Education as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 9.65% of the company’s stock.

Ambow Education Company Profile

(Get Free Report)

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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