Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Sees Significant Decline in Short Interest

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 5,292 shares, a drop of 37.3% from the August 31st total of 8,441 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 1,771 shares, the days-to-cover ratio is currently 3.0 days.

Ambow Education Stock Performance

Shares of NYSEAMERICAN AMBO traded down $0.00 during trading on Thursday, hitting $1.90. 1,461 shares of the company traded hands, compared to its average volume of 99,325. The company has a quick ratio of 2.34, a current ratio of 2.44 and a debt-to-equity ratio of 0.31. The company has a 50-day moving average price of $2.06 and a 200-day moving average price of $2.23. Ambow Education has a 1 year low of $1.47 and a 1 year high of $6.75.

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

Ambow Education Company Profile

Ambow Education Holding Ltd. is an education services company that provides career-oriented learning and technology-enabled education programs. Its offerings have included postsecondary education, vocational and professional training, online learning, blended-learning solutions, and services designed to help students develop academic and workplace skills.

Founded in China, Ambow has historically served students through education and training operations in China and the United States. The company has operated or supported postsecondary institutions and career-training programs, with an emphasis on applied education, technology, and workforce preparation.