Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Update

Wah Fu Education Group Limited (NASDAQ:WAFU) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 56,898 shares, a drop of 68.7% from the August 15th total of 181,762 shares. Based on an average trading volume of 60,537 shares, the short-interest ratio is presently 0.9 days. Approximately 7.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Wah Fu Education Group

An institutional investor recently bought a new stake in Wah Fu Education Group stock. Financial Plan Inc. acquired a new stake in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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 at the end of the most recent quarter.

Wah Fu Education Group Stock Up 0.4%

NASDAQ WAFU opened at $1.38 on Friday. Wah Fu Education Group has a 52-week low of $1.22 and a 52-week high of $3.06. The company has a fifty day moving average of $1.47 and a 200-day moving average of $1.59.

Wah Fu Education Group (NASDAQ:WAFU) last announced its earnings results on Thursday, July 30th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $1.65 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Wah Fu Education Group in a report on Thursday, July 2nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Wah Fu Education Group Company Profile

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.