Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Update

Wah Fu Education Group Limited (NASDAQ:WAFU) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 181,762 shares, a growth of 2,769.6% from the July 30th total of 6,334 shares. Currently, 22.2% of the shares of the stock are short sold. Based on an average trading volume of 5,391,529 shares, the days-to-cover ratio is presently 0.0 days.

Wah Fu Education Group Stock Down 2.2%

Shares of NASDAQ:WAFU traded down $0.03 on Tuesday, reaching $1.35. 54,102 shares of the company traded hands, compared to its average volume of 358,017. The business’s 50-day simple moving average is $1.53 and its 200 day simple moving average is $1.62. Wah Fu Education Group has a 52 week low of $1.22 and a 52 week high of $3.39.

Wah Fu Education Group (NASDAQ:WAFU) last released its earnings results on Thursday, July 30th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $1.65 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Wah Fu Education Group in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Wah Fu Education Group presently has a consensus rating of “Sell”.

Institutional Trading of Wah Fu Education Group

A hedge fund recently bought a new stake in Wah Fu Education Group stock. Financial Plan Inc. acquired a new stake in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned 0.43% of Wah Fu Education Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Wah Fu Education Group Company Profile

Wah Fu Education Group (NASDAQ: WAFU) is a postsecondary vocational education provider in the People’s Republic of China, offering a range of career-oriented diploma and certificate programs. Through its network of licensed vocational schools, the company focuses on equipping students with practical skills in areas such as nursing, early childhood education, digital media, business administration and information technology. Wah Fu’s curriculum blends classroom instruction with hands-on training, aiming to meet the needs of local employers in sectors experiencing growth and skills shortages.

Founded in the early 2000s, Wah Fu has steadily expanded its footprint across Fujian Province, operating multiple campuses in cities including Xiamen, Fuzhou and Quanzhou.