Short Interest in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Expands By 113.4%

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOGet Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 6,518 shares, a growth of 113.4% from the April 15th total of 3,054 shares. Based on an average daily volume of 7,948 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are short sold.

Ambow Education Stock Performance

Shares of AMBO traded up $0.04 during midday trading on Friday, hitting $2.46. 66,386 shares of the company traded hands, compared to its average volume of 523,474. The firm has a 50 day moving average of $2.16 and a 200-day moving average of $2.82. Ambow Education has a 52 week low of $1.47 and a 52 week high of $6.75. 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 (NYSEAMERICAN:AMBOGet Free Report) last announced its earnings results on Monday, May 11th. The company reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $2.80 million for 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 position in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 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.

About Ambow Education

(Get Free Report)

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.

Read More

Receive News & Ratings for Ambow Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ambow Education and related companies with MarketBeat.com's FREE daily email newsletter.