Wah Fu Education Group Limited (NASDAQ:WAFU) Sees Large Drop in Short Interest

Cortez Deacetis

Wah Fu Education Group Limited (NASDAQ:WAFUGet Ranking) was the target of a considerable lower in quick interest in the month of April. As of April 30th, there was short curiosity totalling 17,000 shares, a minimize of 58.% from the April 15th full of 40,500 shares. Based mostly on an average trading volume of 165,400 shares, the days-to-cover ratio is presently .1 days.

An institutional investor not long ago bought a new placement in Wah Fu Schooling Team inventory. Lender of America Corp DE acquired a new stake in Wah Fu Training Group Confined (NASDAQ:WAFUGet Score) in the 2nd quarter, in accordance to its most the latest Type 13F submitting with the Securities & Trade Commission. The institutional trader obtained 5,202 shares of the company’s stock, valued at about $45,000. Bank of The united states Corp DE owned .12% of Wah Fu Education Team at the conclude of the most new quarter. Institutional traders and hedge cash very own .12% of the company’s stock.

WAFU stock opened at $2.04 on Friday. Wah Fu Instruction Group has a twelve thirty day period minimal of $1.93 and a twelve thirty day period significant of $12.50. The business has a 50 day basic transferring average of $2.95 and a 200-day very simple going normal of $3.74.

About Wah Fu Education Group (Get Score)

Wah Fu Training Team Restricted, via its subsidiaries, offers on the net test preparation companies and similar technological innovation alternatives in the People’s Republic of China. The company operates as a result of two segments, On-line Schooling Services and Technological Advancement and Procedure Providers. The On-line Instruction Services segment offers on-line training platforms to institutions, this kind of as universities and teaching establishments, and on the web program advancement services businesses.

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