Wah Fu Education Group Limited (NASDAQ:WAFU) Sees Significant Growth in Short Interest

Wah Fu Education Group Limited (NASDAQ:WAFU) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 7,700 shares, an increase of 208.0% from the September 30th total of 2,500 shares. Based on an average daily volume of 20,600 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.6% of the shares of the company are sold short.

Wah Fu Education Group Price Performance

Shares of Wah Fu Education Group stock opened at $1.87 on Friday. The firm has a fifty day moving average price of $1.85 and a 200 day moving average price of $1.89. Wah Fu Education Group has a 1 year low of $1.58 and a 1 year high of $2.85.

About Wah Fu Education Group

Wah Fu Education Group Limited, through its subsidiaries, provides online exam preparation services and related technology solutions in the People's Republic of China. The company operates through two segments: Online Education Services, and Technological Development and Operation Services. The Online Education Services segment offers online education platforms to institutions, such as universities and training institutions, and online course development service companies.