Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) Stock Short Interest Report for September

Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 45,137 shares, an increase of 306.8% from the September 15th total of 11,096 shares. Based on an average daily trading volume, of 2,626,117 shares, the short-interest ratio is currently 0.0 days. Currently, 155.6% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of Lixiang Education from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, September 17th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Lixiang Education currently has an average rating of “Sell”.

Lixiang Education Trading Down 5.3%

Shares of NASDAQ LXEH opened at $1.62 on Tuesday. The business’s 50 day moving average is $1.66 and its 200-day moving average is $1.54. Lixiang Education has a 1-year low of $0.83 and a 1-year high of $7.94.

Lixiang Education (NASDAQ:LXEH) last released its quarterly earnings results on Friday, September 11th. The company reported ($0.74) earnings per share (EPS) for the quarter. The company had revenue of $1.12 million during the quarter.

Lixiang Education Company Profile

Lixiang Education Holding Limited is a China-based private education company focused on providing primary and secondary education services. The company operates schools that offer formal academic instruction and related student services.

Lixiang Education’s activities have included classroom education, curriculum-based learning, extracurricular programs and supporting services such as student accommodation and campus operations. Its educational offerings are designed for students in compulsory education grades.

The company is based in Lishui, Zhejiang Province, China, and has historically served students and families in that region through its private school operations.