Short Interest in Wah Fu Education Group Limited (NASDAQ:WAFU) Increases By 2,769.6%

Wah Fu Education Group Limited (NASDAQ:WAFU) saw a large growth in short interest in the month of 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. Based on an average daily volume of 5,391,529 shares, the days-to-cover ratio is currently 0.0 days. Approximately 22.2% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Wah Fu Education Group in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Wah Fu Education Group has an average rating of “Sell”.

Institutional Investors Weigh In On Wah Fu Education Group

An institutional investor recently bought a new position in Wah Fu Education Group stock. Financial Plan Inc. purchased a new position in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 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 SEC filing.

Wah Fu Education Group Stock Down 2.2%

WAFU opened at $1.35 on Wednesday. Wah Fu Education Group has a fifty-two week low of $1.22 and a fifty-two week high of $3.39. The company has a fifty day moving average of $1.53 and a two-hundred day moving average of $1.62.

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

About Wah Fu Education Group

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.