Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Shares Shorted: Short Interest Down 36.6% in September

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 3,354 shares, a decline of 36.6% from the September 15th total of 5,292 shares. Based on an average daily trading volume, of 6,424 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

Ambow Education Stock Up 4.6%

Ambow Education stock opened at $1.75 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.34 and a current ratio of 2.44. The business has a 50-day simple moving average of $2.00 and a 200 day simple moving average of $2.21. Ambow Education has a 52 week low of $1.47 and a 52 week high of $5.25.

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

About Ambow Education

Ambow Education Holding Ltd. is an education services company focused on career-oriented learning and workforce development. The company provides technology-enabled educational programs designed to help students and working professionals build academic, technical and employment-related skills.

Ambow’s activities have historically included vocational and career training, higher education services, professional development and online or blended learning. Its offerings have covered areas such as information technology, business and other career-focused disciplines, with course delivery supported by digital learning platforms and physical education facilities.

Founded in China, Ambow has served students in China and has also expanded its education activities into the United States through investments in postsecondary institutions and related education businesses.