Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) Short Interest Down 34.3% in July

Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 17,280 shares, a decrease of 34.3% from the June 30th total of 26,297 shares. Currently, 59.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 43,546 shares, the short-interest ratio is currently 0.4 days.

Lixiang Education Price Performance

LXEH stock traded up $0.08 during mid-day trading on Friday, reaching $1.60. 1,275 shares of the stock traded hands, compared to its average volume of 265,998. Lixiang Education has a 52-week low of $0.83 and a 52-week high of $32.80. The stock’s fifty day moving average is $1.42 and its 200-day moving average is $1.78.

Lixiang Education (NASDAQ:LXEH) last announced its earnings results on Tuesday, May 12th. The company reported ($3.59) earnings per share (EPS) for the quarter. The business had revenue of $1.13 million for the quarter.

Hedge Funds Weigh In On Lixiang Education

An institutional investor recently bought a new position in Lixiang Education stock. XTX Topco Ltd bought a new stake in Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 30,222 shares of the company’s stock, valued at approximately $43,000. XTX Topco Ltd owned 2.58% of Lixiang Education at the end of the most recent reporting period. Institutional investors own 0.51% of the company’s stock.

Lixiang Education Company Profile

Lixiang Education Holding Co, Ltd. provides primary and middle school education services from grade 1 to grade 9 in the People's Republic of China. As of December 31, 2020, the company operated two campuses, including Baiyun Campus and Yijing Campus. It also engages in the operation of food procurement. The company was formerly known as Lianwai Education Group Limited and changed its name to Lixiang Education Holding Co, Ltd. in May 26, 2020. The company was founded in 2001 and is headquartered in Lishui, the People's Republic of China.