Classover Holdings, Inc. (NASDAQ:KIDZ) Sees Large Decline in Short Interest

Classover Holdings, Inc. (NASDAQ:KIDZ) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 127,695 shares, a decline of 58.2% from the May 31st total of 305,635 shares. Approximately 16.5% of the shares of the stock are short sold. Based on an average trading volume of 1,704,406 shares, the short-interest ratio is presently 0.1 days.

Classover Price Performance

Shares of NASDAQ:KIDZ traded down $0.10 on Monday, hitting $0.72. The company had a trading volume of 371,445 shares, compared to its average volume of 704,499. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.40. The company has a market cap of $567,220.00, a PE ratio of -0.01 and a beta of -0.83. Classover has a 52-week low of $0.65 and a 52-week high of $1,870.00. The business has a 50 day moving average of $5.11 and a 200 day moving average of $46.91.

Classover (NASDAQ:KIDZ) last posted its quarterly earnings data on Friday, May 15th. The company reported ($3,656,370.00) EPS for the quarter. Classover had a negative return on equity of 281.13% and a negative net margin of 356.34%.The company had revenue of $0.52 million for the quarter.

Institutional Investors Weigh In On Classover

A hedge fund recently bought a new position in Classover stock. Sandia Investment Management LP acquired a new stake in Classover Holdings, Inc. (NASDAQ:KIDZ) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned about 0.38% of Classover at the end of the most recent reporting period. 74.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Weiss Ratings upgraded shares of Classover from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 4th. Wall Street Zen downgraded Classover from a “hold” rating to a “strong sell” rating in a research report on Saturday, April 11th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Classover Company Profile

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.