Short Interest in Classover Holdings, Inc. (NASDAQ:KIDZ) Decreases By 58.2%

Classover Holdings, Inc. (NASDAQ:KIDZ) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 127,695 shares, a decrease of 58.2% from the May 31st total of 305,635 shares. Approximately 16.5% of the company’s shares are short sold. Based on an average daily volume of 1,704,406 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Weiss Ratings raised shares of Classover from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 4th. Wall Street Zen downgraded Classover from a “hold” rating to a “strong sell” rating in a report on Saturday, April 11th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Classover has a consensus rating of “Sell”.

Hedge Funds Weigh In On Classover

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

Classover Trading Up 2.1%

NASDAQ:KIDZ traded up $0.01 during mid-day trading on Wednesday, reaching $0.69. The company’s stock had a trading volume of 97,682 shares, compared to its average volume of 695,272. 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 stock has a market cap of $546,680.00, a P/E ratio of -0.01 and a beta of -0.84. The company’s fifty day simple moving average is $4.78 and its two-hundred day simple moving average is $45.83. Classover has a twelve month low of $0.63 and a twelve month high of $1,870.00.

Classover (NASDAQ:KIDZ) last posted its quarterly earnings data on Friday, May 15th. The company reported ($3,656,370.00) EPS for the quarter. The company had revenue of $0.52 million for the quarter. Classover had a negative net margin of 356.34% and a negative return on equity of 281.13%.

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.