Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Update

Wah Fu Education Group Limited (NASDAQ:WAFU) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 16,159 shares, an increase of 3,031.6% from the April 30th total of 516 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average daily trading volume, of 20,593 shares, the days-to-cover ratio is presently 0.8 days.

Wah Fu Education Group Stock Performance

Shares of WAFU traded down $0.01 on Wednesday, reaching $1.65. The company’s stock had a trading volume of 4,638 shares, compared to its average volume of 11,070. The stock’s 50 day simple moving average is $1.63 and its two-hundred day simple moving average is $1.66. Wah Fu Education Group has a 12-month low of $1.30 and a 12-month high of $3.39.

Wah Fu Education Group (NASDAQ:WAFU) last posted its quarterly earnings data on Monday, March 30th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $1.53 million for the quarter.

Hedge Funds 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 stake in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned approximately 0.43% of Wah Fu Education Group at the end of the most recent reporting period.

About Wah Fu Education Group

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.