Classover Holdings, Inc. (NASDAQ:KIDZ) Short Interest Up 622.3% in July

Classover Holdings, Inc. (NASDAQ:KIDZ) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 404,511 shares, an increase of 622.3% from the July 15th total of 56,006 shares. Approximately 52.3% of the company’s stock are sold short. Based on an average daily trading volume, of 51,991,336 shares, the short-interest ratio is presently 0.0 days.

Classover Price Performance

KIDZ opened at $4.13 on Friday. The stock has a market cap of $3.26 million, a price-to-earnings ratio of -0.06 and a beta of -0.66. Classover has a 1 year low of $3.85 and a 1 year high of $21,900.00. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.40. The stock has a fifty day moving average price of $13.32 and a 200 day moving average price of $322.59.

Classover (NASDAQ:KIDZ) last issued its earnings results on Friday, May 15th. The company reported ($54,845,550.00) earnings per share for the quarter. The firm had revenue of $0.52 million during the quarter. Classover had a negative return on equity of 281.13% and a negative net margin of 356.34%.

Hedge Funds Weigh In On Classover

An institutional investor recently bought a new position in Classover stock. Sandia Investment Management LP bought a new stake in Classover Holdings, Inc. (NASDAQ:KIDZ) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned about 0.38% of Classover as of its most recent SEC filing. 74.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Classover from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Classover Company Profile

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.