Short Interest in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Decreases By 61.9%

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 53,859 shares, a drop of 61.9% from the May 14th total of 141,457 shares. Approximately 2.3% of the shares of the company are short sold. Based on an average daily volume of 37,304 shares, the short-interest ratio is currently 1.4 days.

Hedge Funds Weigh In On Ambow Education

A hedge fund recently bought a new stake in Ambow Education stock. Citadel Advisors LLC acquired a new stake in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned approximately 0.62% of Ambow Education at the end of the most recent quarter. Institutional investors own 9.65% of the company’s stock.

Ambow Education Trading Down 2.6%

Shares of AMBO traded down $0.07 during trading hours on Friday, hitting $2.64. The company’s stock had a trading volume of 28,392 shares, compared to its average volume of 34,051. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 2.51. The business has a 50 day simple moving average of $2.38 and a two-hundred day simple moving average of $2.62. Ambow Education has a 52-week low of $1.47 and a 52-week high of $6.75.

Ambow Education (NYSEAMERICAN:AMBO) last posted its earnings results on Monday, May 11th. The company reported $0.15 earnings per share for the quarter. The business had revenue of $2.80 million during the quarter.

About Ambow Education

Ambow Education (NYSEAMERICAN:AMBO) is a China-based provider of comprehensive educational services, operating through a network of subsidiaries and proprietary learning platforms. The company offers a spectrum of programs that span K-12 supplemental tutoring, vocational and professional training, and preparatory courses for English proficiency and standardized tests. Leveraging a blend of classroom instruction and online delivery, Ambow aims to enhance student outcomes through tailored curriculum design and technology-enabled teaching tools.

The company’s offerings include after-school tutoring for core academic subjects, career-focused training programs in areas such as finance, information technology and hospitality, and test-preparation services for exams including TOEFL and IELTS.