Wah Fu Education Group Limited (NASDAQ:WAFU) Sees Significant Decline in Short Interest

Wah Fu Education Group Limited (NASDAQ:WAFU) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totalling 47,400 shares, a drop of 49.2% from the December 31st total of 93,300 shares. Based on an average trading volume of 194,400 shares, the days-to-cover ratio is presently 0.2 days. Currently, 3.9% of the shares of the stock are short sold.

Wah Fu Education Group Stock Performance

NASDAQ WAFU opened at $1.74 on Friday. The company has a 50-day simple moving average of $1.67 and a two-hundred day simple moving average of $1.77. Wah Fu Education Group has a 12-month low of $1.46 and a 12-month high of $2.85.

About Wah Fu Education Group

Wah Fu Education Group Limited, through its subsidiaries, provides online exam preparation services and related technology solutions in the People's Republic of China. The company operates through two segments: Online Education Services, and Technological Development and Operation Services. The Online Education Services segment offers online education platforms to institutions, such as universities and training institutions, and online course development service companies.