Classover Holdings, Inc. (NASDAQ:KIDZ) Shares Shorted: Short Interest Up 73.3% in September

Classover Holdings, Inc. (NASDAQ:KIDZ) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 56,523 shares, an increase of 73.3% from the August 31st total of 32,608 shares. Currently, 6.5% of the company’s stock are sold short. Based on an average daily trading volume, of 122,711 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

KIDZ has been the subject of a number of analyst reports. Weiss Ratings cut Classover from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, September 25th. Wall Street Zen cut shares of Classover from a “hold” rating to a “sell” rating in a research report on Saturday, August 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Classover has an average rating of “Sell”.

Classover Stock Down 1.2%

Shares of NASDAQ KIDZ traded down $0.03 during midday trading on Thursday, reaching $2.41. 106,310 shares of the company’s stock were exchanged, compared to its average volume of 448,144. Classover has a 52-week low of $2.23 and a 52-week high of $9,975.00. The stock has a market capitalization of $2.07 million, a PE ratio of 0.02 and a beta of -0.71. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.89 and a current ratio of 3.89. The business’s fifty day moving average price is $4.74 and its two-hundred day moving average price is $98.55.

About Classover

Classover is an education technology company that provides online enrichment and extracurricular learning programs for children. Its platform is designed to connect students with instructors through live, interactive classes conducted online.

The company offers programming across subjects and activities such as academic support, coding, language learning, arts, music and other youth-oriented educational areas. Classes are generally structured for children and may be offered in group or individualized formats, depending on the program.

Classover primarily serves families seeking supplemental education outside the traditional school setting, with its online model enabling participation from students in multiple locations.