Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Short Interest Down 61.9% in May

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 53,859 shares, a decrease of 61.9% from the May 14th total of 141,457 shares. Currently, 2.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 37,304 shares, the short-interest ratio is presently 1.4 days.

Ambow Education Stock Down 2.6%

Shares of AMBO stock traded down $0.07 on Friday, hitting $2.64. 28,392 shares of the company’s stock traded hands, compared to its average volume of 34,051. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 2.51. Ambow Education has a one year low of $1.47 and a one year high of $6.75. The company’s fifty day simple moving average is $2.38 and its 200 day simple moving average is $2.62.

Ambow Education (NYSEAMERICAN:AMBO) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $2.80 million during the quarter.

Institutional Trading of Ambow Education

A hedge fund recently bought a new stake in Ambow Education stock. Citadel Advisors LLC acquired a new stake in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned about 0.62% of Ambow Education at the end of the most recent reporting period. 9.65% of the stock is currently owned by institutional investors.

Ambow Education Company Profile

Ambow Education (NYSEAMERICAN:AMBO) is a China-based provider of comprehensive educational services, operating through a network of subsidiaries and proprietary learning platforms. The company offers a spectrum of programs that span K-12 supplemental tutoring, vocational and professional training, and preparatory courses for English proficiency and standardized tests. Leveraging a blend of classroom instruction and online delivery, Ambow aims to enhance student outcomes through tailored curriculum design and technology-enabled teaching tools.

The company’s offerings include after-school tutoring for core academic subjects, career-focused training programs in areas such as finance, information technology and hospitality, and test-preparation services for exams including TOEFL and IELTS.