Classover Holdings, Inc. (NASDAQ:KIDZ) Short Interest Update

Classover Holdings, Inc. (NASDAQ:KIDZ) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 165,177 shares, a decline of 66.2% from the April 30th total of 489,270 shares. Based on an average daily volume of 4,495,181 shares, the short-interest ratio is currently 0.0 days. Approximately 16.4% of the company’s stock are short sold.

Classover Stock Down 3.2%

KIDZ traded down $0.01 on Friday, reaching $0.40. 5,936,753 shares of the company traded hands, compared to its average volume of 12,373,058. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market cap of $3.19 million, a price-to-earnings ratio of -0.13 and a beta of -0.65. Classover has a 52-week low of $0.35 and a 52-week high of $309.00. The stock’s 50 day moving average price is $1.52 and its 200-day moving average price is $7.79.

Classover (NASDAQ:KIDZ) last posted its earnings results on Friday, May 15th. The company reported ($365,637.00) EPS for the quarter. The business had revenue of $0.52 million during the quarter. Classover had a negative return on equity of 281.13% and a negative net margin of 356.34%.

Analyst Upgrades and Downgrades

KIDZ has been the topic of a number of research analyst reports. Wall Street Zen downgraded shares of Classover from a “hold” rating to a “strong sell” rating in a research report on Saturday, April 11th. Weiss Ratings downgraded shares of Classover from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, May 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Classover currently has a consensus rating of “Sell”.

Institutional Trading of Classover

An institutional investor recently bought a new position in Classover stock. Sandia Investment Management LP acquired a new position in Classover Holdings, Inc. (NASDAQ:KIDZ) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned about 0.38% of Classover at the end of the most recent quarter. Hedge funds and other institutional investors own 74.70% of the company’s stock.

Classover Company Profile

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.