Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Sees Large Drop in Short Interest

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 3,354 shares, a decrease of 36.6% from the September 15th total of 5,292 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 6,424 shares, the short-interest ratio is currently 0.5 days.

Ambow Education Price Performance

AMBO opened at $1.68 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.44 and a quick ratio of 2.34. Ambow Education has a 12 month low of $1.47 and a 12 month high of $5.25. The stock has a fifty day moving average price of $2.00 and a 200-day moving average price of $2.21.

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

About Ambow Education

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Ambow Education Holding Ltd. is an education services company focused on career-oriented learning and workforce development. The company provides technology-enabled educational programs designed to help students and working professionals build academic, technical and employment-related skills.

Ambow’s activities have historically included vocational and career training, higher education services, professional development and online or blended learning. Its offerings have covered areas such as information technology, business and other career-focused disciplines, with course delivery supported by digital learning platforms and physical education facilities.

Founded in China, Ambow has served students in China and has also expanded its education activities into the United States through investments in postsecondary institutions and related education businesses.

Further Reading

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