Elite Education Group International Limited (NASDAQ:EEIQ) Short Interest Down 24.4% in August

Elite Education Group International Limited (NASDAQ:EEIQ) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 22,900 shares, a decrease of 24.4% from the August 15th total of 30,300 shares. Based on an average daily trading volume, of 881,000 shares, the short-interest ratio is presently 0.0 days. Currently, 1.4% of the shares of the company are sold short.

An institutional investor recently bought a new position in Elite Education Group International stock. Citadel Advisors LLC purchased a new stake in Elite Education Group International Limited (NASDAQ:EEIQ) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 15,692 shares of the company’s stock, valued at approximately $81,000. Citadel Advisors LLC owned approximately 0.18% of Elite Education Group International at the end of the most recent quarter. 0.32% of the stock is owned by institutional investors and hedge funds.

NASDAQ EEIQ traded down $0.47 during mid-day trading on Wednesday, reaching $5.95. 4,020 shares of the stock were exchanged, compared to its average volume of 1,155,236. The business has a 50 day simple moving average of $4.14. Elite Education Group International has a 1 year low of $2.91 and a 1 year high of $35.20.

Elite Education Group International Company Profile

Elite Education Group International Limited, through its subsidiaries, provides study abroad and post-study services to Chinese students in the United States. It offers international English proficiency test counseling, registration, and test placement services for students with no or poor language skills; admission application services; visa counseling and guidance services; logistical and organizational support for the student applicants prior their departure to the educational institutions; pick-up and welcome services; and dormitory services, as well as catering, academic guidance, internship, and shuttle bus services.

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