Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Short Interest Update

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 36,760 shares, a decrease of 38.9% from the June 30th total of 60,152 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average daily trading volume, of 18,042 shares, the days-to-cover ratio is currently 2.0 days.

Ambow Education Stock Performance

Shares of AMBO stock traded down $0.14 during mid-day trading on Friday, hitting $1.98. The stock had a trading volume of 4,410 shares, compared to its average volume of 122,400. The company’s 50-day simple moving average is $2.36 and its 200-day simple moving average is $2.32. The company has a quick ratio of 2.51, a current ratio of 2.53 and a debt-to-equity ratio of 0.31. Ambow Education has a fifty-two week low of $1.47 and a fifty-two week high of $6.75.

Ambow Education (NYSEAMERICAN:AMBO) last issued 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 for the quarter.

Hedge Funds Weigh In On Ambow Education

A hedge fund recently bought a new stake in Ambow Education stock. Citadel Advisors LLC purchased a new stake in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned 0.62% of Ambow Education at the end of the most recent reporting period. Hedge funds and other institutional investors own 9.65% of the company’s stock.

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.