Short Interest in Classover Holdings, Inc. (NASDAQ:KIDZ) Grows By 632.8%

Classover Holdings, Inc. (NASDAQ:KIDZ) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 489,270 shares, an increase of 632.8% from the April 15th total of 66,767 shares. Based on an average daily volume of 7,299,070 shares, the days-to-cover ratio is presently 0.1 days. Currently, 48.7% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on KIDZ shares. Wall Street Zen downgraded shares of Classover from a “hold” rating to a “strong sell” rating in a report on Saturday, April 11th. Weiss Ratings cut shares of Classover from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Hedge Funds Weigh In On Classover

An institutional investor recently bought a new position in Classover stock. Harraden Circle Investments LLC bought a new position in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 241,621 shares of the company’s stock, valued at approximately $292,000. Harraden Circle Investments LLC owned approximately 1.02% of Classover at the end of the most recent quarter. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

Classover Price Performance

NASDAQ:KIDZ traded up $0.01 on Tuesday, reaching $0.55. The stock had a trading volume of 1,070,711 shares, compared to its average volume of 3,142,669. The company has a market capitalization of $716,445.00, a P/E ratio of -0.18 and a beta of -0.65. Classover has a 1-year low of $0.42 and a 1-year high of $309.00. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.17. The stock has a fifty day moving average price of $2.33 and a 200-day moving average price of $10.85.

Classover (NASDAQ:KIDZ) last released its quarterly earnings results on Wednesday, April 1st. The company reported $22,832,247.00 EPS for the quarter. The firm had revenue of $0.54 million for the quarter. Classover had a negative net margin of 209.30% and a negative return on equity of 398.82%.

Classover Company Profile

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.