Bright Scholar Education Holdings Limited (NYSE:BEDU) Sees Large Growth in Short Interest

Bright Scholar Education Holdings Limited (NYSE:BEDU) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 6,500 shares, an increase of 622.2% from the December 15th total of 900 shares. Based on an average daily volume of 9,500 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.1% of the shares of the company are sold short.

Bright Scholar Education Trading Down 5.2 %

BEDU stock traded down $0.09 during trading hours on Monday, hitting $1.65. 398 shares of the stock traded hands, compared to its average volume of 6,457. The stock has a 50-day simple moving average of $1.82 and a 200 day simple moving average of $1.93. Bright Scholar Education has a one year low of $1.35 and a one year high of $3.23. The company has a market cap of $49.05 million, a P/E ratio of -0.35 and a beta of 0.40.

Bright Scholar Education Company Profile

Bright Scholar Education Holdings Limited, an education service provider, operates and provides K-12 schools and complementary education services in China, Hong Kong, Canada, the United States, and the United Kingdom. The company operates in three segments: Overseas Schools; Complementary Education Services; and Domestic Kindergartens and K-12 Operation Services.