Short Interest in EpicQuest Education Group International Limited (NASDAQ:EEIQ) Declines By 38.5%

EpicQuest Education Group International Limited (NASDAQ:EEIQ) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 14,060 shares, a drop of 38.5% from the July 15th total of 22,878 shares. Based on an average trading volume of 18,428 shares, the short-interest ratio is currently 0.8 days. Approximately 1.1% of the shares of the company are short sold.

Institutional Trading of EpicQuest Education Group International

A hedge fund recently raised its stake in EpicQuest Education Group International stock. Citadel Advisors LLC grew its holdings in shares of EpicQuest Education Group International Limited (NASDAQ:EEIQ) by 393.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 125,544 shares of the company’s stock after acquiring an additional 100,081 shares during the quarter. Citadel Advisors LLC owned about 0.54% of EpicQuest Education Group International worth $56,000 at the end of the most recent quarter.

EpicQuest Education Group International Price Performance

EEIQ opened at $2.68 on Thursday. The company has a fifty day moving average price of $2.67 and a 200-day moving average price of $3.33. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.91 and a current ratio of 1.91. EpicQuest Education Group International has a one year low of $1.90 and a one year high of $27.84.

EpicQuest Education Group International (NASDAQ:EEIQ) last issued its quarterly earnings data on Thursday, June 25th. The company reported ($0.96) earnings per share (EPS) for the quarter. The company had revenue of $3.14 million during the quarter.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wall Street Zen raised EpicQuest Education Group International to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings cut EpicQuest Education Group International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

About EpicQuest Education Group International

EpicQuest Education Group International, Inc (NASDAQ: EEIQ) is a U.S.-listed holding company whose primary operations are conducted through its China-based subsidiaries focused on after-school English language immersion programs for K-12 students. The company aims to bridge language gaps by delivering structured English curricula that blend core language skills with cultural enrichment activities. EpicQuest’s model combines in-person instruction at its network of local learning centers with supplemental online resources to reinforce student engagement and learning outcomes.

EpicQuest offers a diverse suite of educational services, including weekday after-school classes, weekend workshops, holiday and summer camps, and study abroad preparation modules.