Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Short Interest Down 67.0% in August

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 8,441 shares, a drop of 67.0% from the August 15th total of 25,564 shares. Based on an average trading volume of 6,546 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Investors Weigh In On Ambow Education

An institutional investor recently bought a new position in Ambow Education stock. Citadel Advisors LLC bought a new stake in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned approximately 0.62% of Ambow Education at the end of the most recent quarter. 9.65% of the stock is owned by institutional investors.

Ambow Education Stock Performance

NYSEAMERICAN AMBO traded up $0.01 during trading on Friday, reaching $2.09. The company’s stock had a trading volume of 2,069 shares, compared to its average volume of 4,703. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.34 and a current ratio of 2.44. Ambow Education has a 12 month low of $1.47 and a 12 month high of $6.75. The firm has a 50 day moving average price of $2.12 and a 200 day moving average price of $2.20.

Ambow Education (NYSEAMERICAN:AMBO) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $2.39 million during the quarter.

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.