EpicQuest Education Group International Limited (NASDAQ:EEIQ) Short Interest Up 81.1% in July

EpicQuest Education Group International Limited (NASDAQ:EEIQ) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 22,878 shares, a growth of 81.1% from the June 30th total of 12,636 shares. Based on an average daily trading volume, of 18,219 shares, the short-interest ratio is presently 1.3 days. Approximately 1.7% of the company’s shares are short sold.

Institutional Investors Weigh In On EpicQuest Education Group International

A hedge fund recently raised its position in EpicQuest Education Group International stock. Citadel Advisors LLC lifted its stake in shares of EpicQuest Education Group International Limited (NASDAQ:EEIQ) by 393.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 125,544 shares of the company’s stock after buying an additional 100,081 shares during the quarter. Citadel Advisors LLC owned 0.54% of EpicQuest Education Group International worth $56,000 as of its most recent filing with the SEC.

EpicQuest Education Group International Stock Performance

Shares of NASDAQ:EEIQ traded up $0.02 during midday trading on Friday, hitting $2.06. 10,127 shares of the company’s stock traded hands, compared to its average volume of 1,084,288. The firm’s fifty day moving average price is $2.89 and its two-hundred day moving average price is $3.51. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.91 and a current ratio of 1.91. EpicQuest Education Group International has a twelve month low of $1.90 and a twelve month high of $27.84.

EpicQuest Education Group International (NASDAQ:EEIQ) last announced its quarterly earnings results on Thursday, June 25th. The company reported ($0.96) earnings per share (EPS) for the quarter. The company had revenue of $3.14 million during the quarter.

Analyst Upgrades and Downgrades

EEIQ has been the subject of a number of research analyst reports. Wall Street Zen upgraded EpicQuest Education Group International to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings cut EpicQuest Education Group International from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About EpicQuest Education Group International

EpicQuest Education Group International, Inc (NASDAQ: EEIQ) is a U.S.-listed holding company whose primary operations are conducted through its China-based subsidiaries focused on after-school English language immersion programs for K-12 students. The company aims to bridge language gaps by delivering structured English curricula that blend core language skills with cultural enrichment activities. EpicQuest’s model combines in-person instruction at its network of local learning centers with supplemental online resources to reinforce student engagement and learning outcomes.

EpicQuest offers a diverse suite of educational services, including weekday after-school classes, weekend workshops, holiday and summer camps, and study abroad preparation modules.