Short Interest in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Decreases By 40.1%

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOGet Free Report) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 32,276 shares, a decline of 40.1% from the May 31st total of 53,859 shares. Based on an average trading volume of 28,545 shares, the short-interest ratio is currently 1.1 days. Currently, 1.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On Ambow Education

A hedge fund recently bought a new position in Ambow Education stock. Citadel Advisors LLC bought a new position in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOFree Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned about 0.62% of Ambow Education as of its most recent SEC filing. 9.65% of the stock is currently owned by institutional investors.

Ambow Education Stock Performance

NYSEAMERICAN AMBO traded up $0.08 during trading on Wednesday, hitting $2.35. 9,777 shares of the company’s stock were exchanged, compared to its average volume of 141,337. The stock’s 50 day moving average price is $2.41 and its two-hundred day moving average price is $2.46. Ambow Education has a fifty-two week low of $1.47 and a fifty-two week high of $6.75. The company has a quick ratio of 2.51, a current ratio of 2.53 and a debt-to-equity ratio of 0.31.

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

Ambow Education Company Profile

(Get Free Report)

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.

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