Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Sees Significant Decline in Short Interest

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 5,292 shares, a drop of 37.3% from the August 31st total of 8,441 shares. Based on an average daily trading volume, of 1,771 shares, the days-to-cover ratio is currently 3.0 days. Approximately 0.2% of the shares of the company are sold short.

Ambow Education Stock Up 3.0%

Shares of NYSEAMERICAN AMBO traded up $0.06 during mid-day trading on Friday, hitting $1.92. The company had a trading volume of 6,791 shares, compared to its average volume of 98,831. The stock’s 50-day moving average price is $2.06 and its 200-day moving average price is $2.23. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.44 and a quick ratio of 2.34. Ambow Education has a 1 year low of $1.47 and a 1 year high of $6.75.

Ambow Education (NYSEAMERICAN:AMBO) last announced its earnings results on Friday, August 14th. The company reported ($0.05) EPS for the quarter. The company had revenue of $2.39 million during the quarter.

About Ambow Education

Ambow Education Holding Ltd. is an education services company that provides career-oriented learning and technology-enabled education programs. Its offerings have included postsecondary education, vocational and professional training, online learning, blended-learning solutions, and services designed to help students develop academic and workplace skills.

Founded in China, Ambow has historically served students through education and training operations in China and the United States. The company has operated or supported postsecondary institutions and career-training programs, with an emphasis on applied education, technology, and workforce preparation.