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

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 36,760 shares, a drop of 38.9% from the June 30th total of 60,152 shares. Approximately 1.5% of the shares of the company are sold short. Based on an average daily volume of 18,042 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Investors Weigh In On Ambow Education

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

Ambow Education Stock Performance

Shares of AMBO traded down $0.14 during trading hours on Friday, hitting $1.98. The stock had a trading volume of 4,410 shares, compared to its average volume of 10,735. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.51 and a current ratio of 2.53. The firm has a 50-day moving average price of $2.35 and a 200 day moving average price of $2.32. Ambow Education has a fifty-two week low of $1.47 and a fifty-two week high of $6.75.

Ambow Education (NYSEAMERICAN:AMBO) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $2.80 million for the quarter.

About Ambow Education

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.