Short Interest in Legacy Education Inc. (NYSEAMERICAN:LGCY) Increases By 13.3%

Legacy Education Inc. (NYSEAMERICAN:LGCY) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 59,042 shares, an increase of 13.3% from the March 31st total of 52,095 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 40,638 shares, the days-to-cover ratio is currently 1.5 days.

Legacy Education Stock Down 3.8%

LGCY opened at $10.85 on Friday. The firm has a market cap of $136.82 million, a price-to-earnings ratio of 17.79 and a beta of 2.81. Legacy Education has a 52 week low of $6.25 and a 52 week high of $14.70. The business’s 50 day moving average is $13.04 and its two-hundred day moving average is $11.02.

Legacy Education (NYSEAMERICAN:LGCY) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.15 earnings per share for the quarter. The company had revenue of $19.18 million during the quarter. Legacy Education had a return on equity of 19.46% and a net margin of 11.02%. Equities analysts expect that Legacy Education will post 0.67 EPS for the current fiscal year.

About Legacy Education

The Company owns and operates the following career institutions that focus on real-life training by utilizing educational practices in different job markets: High Desert Medical College (“HDMC”), Central Coast College (“CCC”), and Integrity College of Health (“Integrity”). HDMC has three campuses located in Lancaster, California, Bakersfield, California and Temecula, California. HDMC offers the following certificate or degree programs: ultrasound technician (“UT”), vocational nursing (“VN”), VN Associate of Applied Science, Associate Degree of Nursing, nursing assistant, Magnetic Resonance Imaging (“MRI”) Associate of Applied Science, cardiac sonography, pharmacy technician, dental assisting, clinical medical assisting and medical administrative assisting programs (including medical billing and coding programs), veterinary assistant, UT Associate of Applied Science degree, phlebotomy technician and nursing assistant avocational courses, and a number of continuing education programs.