Short Interest in Wah Fu Education Group Limited (NASDAQ:WAFU) Rises By 3,031.6%

Wah Fu Education Group Limited (NASDAQ:WAFUGet Free Report) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 16,159 shares, an increase of 3,031.6% from the April 30th total of 516 shares. Based on an average daily volume of 20,593 shares, the days-to-cover ratio is currently 0.8 days. Approximately 1.3% of the shares of the company are short sold.

Wah Fu Education Group Price Performance

NASDAQ:WAFU traded down $0.01 during mid-day trading on Friday, hitting $1.69. The company’s stock had a trading volume of 4,720 shares, compared to its average volume of 11,016. Wah Fu Education Group has a 1 year low of $1.30 and a 1 year high of $3.39. The business’s fifty day moving average is $1.63 and its two-hundred day moving average is $1.66.

Wah Fu Education Group (NASDAQ:WAFUGet Free Report) last posted its quarterly earnings results on Monday, March 30th. The company reported ($0.02) EPS for the quarter. The business had revenue of $1.53 million for the quarter.

Institutional Investors Weigh In On Wah Fu Education Group

A hedge fund recently bought a new stake in Wah Fu Education Group stock. Financial Plan Inc. bought a new position in shares of Wah Fu Education Group Limited (NASDAQ:WAFUFree Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned approximately 0.43% of Wah Fu Education Group as of its most recent SEC filing.

About Wah Fu Education Group

(Get Free Report)

Wah Fu Education Group (NASDAQ: WAFU) is a postsecondary vocational education provider in the People’s Republic of China, offering a range of career-oriented diploma and certificate programs. Through its network of licensed vocational schools, the company focuses on equipping students with practical skills in areas such as nursing, early childhood education, digital media, business administration and information technology. Wah Fu’s curriculum blends classroom instruction with hands-on training, aiming to meet the needs of local employers in sectors experiencing growth and skills shortages.

Founded in the early 2000s, Wah Fu has steadily expanded its footprint across Fujian Province, operating multiple campuses in cities including Xiamen, Fuzhou and Quanzhou.

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