Bright Scholar Education Holdings Limited (NYSE:BEDU) Short Interest Up 122.2% in April

Bright Scholar Education Holdings Limited (NYSE:BEDU) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 4,000 shares, a growth of 122.2% from the March 31st total of 1,800 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 13,800 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Separately, TheStreet lowered shares of Bright Scholar Education from a “c-” rating to a “d-” rating in a research report on Monday, February 5th.

Bright Scholar Education Stock Performance

Shares of Bright Scholar Education stock traded down $0.05 during trading hours on Friday, hitting $1.90. The company’s stock had a trading volume of 13,176 shares, compared to its average volume of 12,438. The stock has a market cap of $56.49 million, a price-to-earnings ratio of -1.23 and a beta of 0.53. Bright Scholar Education has a twelve month low of $0.81 and a twelve month high of $3.23. The firm has a fifty day moving average of $2.02 and a 200-day moving average of $1.55.

Bright Scholar Education (NYSE:BEDU) last released its quarterly earnings results on Friday, April 19th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $72.45 million for the quarter. Bright Scholar Education had a negative net margin of 14.33% and a negative return on equity of 5.22%.

Bright Scholar Education Company Profile

Bright Scholar Education Holdings Limited, an education service provider, operates and provides K-12 schools and complementary education services in China, Hong Kong, Canada, the United States, and the United Kingdom. The company operates in three segments: Overseas Schools; Complementary Education Services; and Domestic Kindergartens and K-12 Operation Services.