Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Sees Large Decrease in Short Interest

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 32,276 shares, a drop of 40.1% from the May 31st total of 53,859 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily volume of 28,545 shares, the short-interest ratio is currently 1.1 days.

Ambow Education Stock Performance

NYSEAMERICAN:AMBO remained flat at $2.21 during midday trading on Friday. The company had a trading volume of 22,834 shares, compared to its average volume of 272,813. The firm has a fifty day moving average of $2.41 and a two-hundred day moving average of $2.44. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 2.51. Ambow Education has a twelve month low of $1.47 and a twelve month 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 (EPS) for the quarter. The company had revenue of $2.80 million during the quarter.

Institutional Trading of Ambow Education

An institutional investor recently bought a new position in Ambow Education stock. Citadel Advisors LLC bought a new stake in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned 0.62% of Ambow Education as of its most recent SEC filing. Hedge funds and other institutional investors own 9.65% of the company’s stock.

Ambow Education Company Profile

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.