Short Interest in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Drops By 43.2%

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 20,886 shares, a decline of 43.2% from the July 15th total of 36,760 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average trading volume of 5,959 shares, the short-interest ratio is presently 3.5 days.

Ambow Education Price Performance

Ambow Education stock traded down $0.03 during midday trading on Monday, hitting $2.10. The company’s stock had a trading volume of 4,933 shares, compared to its average volume of 116,917. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 2.51. The stock’s 50-day moving average price is $2.26 and its 200-day moving average price is $2.26. Ambow Education has a 12 month low of $1.47 and a 12 month high of $6.75.

Ambow Education (NYSEAMERICAN:AMBO) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.05) earnings per share for the quarter. The business had revenue of $2.39 million for the quarter.

Institutional Trading of Ambow Education

A hedge fund recently bought a new position in Ambow Education stock. Citadel Advisors LLC bought a new position in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned approximately 0.62% of Ambow Education as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 9.65% of the company’s stock.

Ambow Education Company Profile

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.