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

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 141,457 shares, a growth of 2,070.3% from the April 30th total of 6,518 shares. Based on an average trading volume of 945,290 shares, the days-to-cover ratio is presently 0.1 days. Currently, 5.9% of the company’s stock are short sold.

Ambow Education Stock Performance

Shares of NYSEAMERICAN:AMBO traded down $0.13 on Wednesday, reaching $2.47. The company’s stock had a trading volume of 17,367 shares, compared to its average volume of 531,295. The stock’s 50-day moving average is $2.29 and its two-hundred day moving average is $2.74. Ambow Education has a 52-week low of $1.47 and a 52-week high of $6.75. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 2.51.

Ambow Education (NYSEAMERICAN:AMBO) last announced its earnings results on Monday, May 11th. The company reported $0.15 EPS for the quarter. The business had revenue of $2.80 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ambow Education stock. Citadel Advisors LLC purchased a new position in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned 0.62% of Ambow Education as of its most recent SEC filing. 9.65% of the stock is currently owned by institutional investors.

Ambow Education Company Profile

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.