Classover Holdings, Inc. (NASDAQ:KIDZ) Short Interest Down 37.9% in July

Classover Holdings, Inc. (NASDAQ:KIDZ) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 56,006 shares, a decline of 37.9% from the June 30th total of 90,208 shares. Currently, 7.2% of the company’s stock are sold short. Based on an average trading volume of 20,381,830 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Classover

A hedge fund recently bought a new stake in Classover stock. Sandia Investment Management LP purchased a new position in Classover Holdings, Inc. (NASDAQ:KIDZ) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned approximately 0.38% of Classover as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 74.70% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on KIDZ. Wall Street Zen downgraded Classover from a “hold” rating to a “strong sell” rating in a report on Saturday, April 11th. Weiss Ratings upgraded Classover from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Classover has an average rating of “Sell”.

Classover Trading Down 7.3%

NASDAQ KIDZ opened at $0.56 on Friday. The stock has a market cap of $443,585.00, a P/E ratio of -0.01 and a beta of -0.67. The company’s fifty day simple moving average is $1.53 and its 200-day simple moving average is $28.15. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.40. Classover has a 52 week low of $0.40 and a 52 week high of $1,460.00.

Classover (NASDAQ:KIDZ) last released its quarterly earnings results on Friday, May 15th. The company reported ($3,656,370.00) earnings per share for the quarter. Classover had a negative net margin of 356.34% and a negative return on equity of 281.13%. The firm had revenue of $0.52 million for the quarter.

About Classover

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.