Classover Holdings, Inc. (NASDAQ:KIDZ) Short Interest Down 37.9% in July

Classover Holdings, Inc. (NASDAQ:KIDZ) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 56,006 shares, a decline of 37.9% from the June 30th total of 90,208 shares. Approximately 7.2% of the company’s shares are sold short. Based on an average daily trading volume, of 20,381,830 shares, the short-interest ratio is currently 0.0 days.

Classover Trading Down 7.3%

Classover stock traded down $0.04 during trading hours on Friday, reaching $0.56. The stock had a trading volume of 1,827,038 shares, compared to its average volume of 6,409,627. The company has a fifty day simple moving average of $1.61 and a 200-day simple moving average of $28.34. Classover has a 52 week low of $0.40 and a 52 week high of $1,460.00. The stock has a market cap of $445,831.00, a PE ratio of -0.01 and a beta of -0.67. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.94 and a quick ratio of 0.94.

Classover (NASDAQ:KIDZ) last posted its earnings results on Friday, May 15th. The company reported ($3,656,370.00) earnings per share for the quarter. The firm had revenue of $0.52 million for the quarter. Classover had a negative return on equity of 281.13% and a negative net margin of 356.34%.

Analyst Upgrades and Downgrades

KIDZ has been the topic of several recent research reports. Weiss Ratings upgraded Classover from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 4th. Wall Street Zen downgraded Classover from a “hold” rating to a “strong sell” rating in a research report on Saturday, April 11th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Classover

A hedge fund recently bought a new stake in Classover stock. Sandia Investment Management LP bought a new stake in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned 0.38% of Classover as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 74.70% of the company’s stock.

About Classover

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.