Short Interest in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Rises By 86.4%

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 60,152 shares, an increase of 86.4% from the June 15th total of 32,276 shares. Based on an average daily trading volume, of 525,202 shares, the short-interest ratio is currently 0.1 days. Approximately 2.5% of the company’s shares are short sold.

Hedge Funds Weigh In On Ambow Education

An institutional investor recently bought a new position in Ambow Education stock. Citadel Advisors LLC acquired a new position in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) in the third quarter, according to its most recent Form 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 about 0.62% of Ambow Education at the end of the most recent quarter. 9.65% of the stock is currently owned by institutional investors and hedge funds.

Ambow Education Stock Performance

Shares of AMBO stock traded up $0.01 during trading on Thursday, hitting $2.25. 9,818 shares of the stock traded hands, compared to its average volume of 132,064. The company has a quick ratio of 2.51, a current ratio of 2.53 and a debt-to-equity ratio of 0.31. The firm’s fifty day moving average price is $2.39 and its 200-day moving average price is $2.37. Ambow Education has a 52-week low of $1.47 and a 52-week high of $6.75.

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

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.