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

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 53,859 shares, a drop of 61.9% from the May 14th total of 141,457 shares. Currently, 2.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 37,304 shares, the days-to-cover ratio is currently 1.4 days.

Ambow Education Stock Performance

Shares of Ambow Education stock traded down $0.07 on Friday, hitting $2.64. 28,392 shares of the company traded hands, compared to its average volume of 34,051. The firm’s 50-day simple moving average is $2.38 and its 200 day simple moving average is $2.62. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.51 and a current ratio of 2.53. Ambow Education has a 12-month low of $1.47 and a 12-month high of $6.75.

Ambow Education (NYSEAMERICAN:AMBO) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.15 earnings per share for the quarter. The company had revenue of $2.80 million for the quarter.

Institutional Trading of Ambow Education

A hedge fund recently bought a new stake in Ambow Education stock. Citadel Advisors LLC acquired a new stake in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 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 SEC. Hedge funds and other institutional investors own 9.65% of the company’s stock.

About Ambow Education

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.