Wah Fu Education Group Limited (NASDAQ:WAFU) Sees Significant Growth in Short Interest

Wah Fu Education Group Limited (NASDAQ:WAFU) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 1,505 shares, a growth of 25.7% from the March 31st total of 1,197 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 5,887 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Wah Fu Education Group

An institutional investor recently bought a new position in Wah Fu Education Group stock. Financial Plan Inc. purchased a new position in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned about 0.43% of Wah Fu Education Group at the end of the most recent reporting period.

Wah Fu Education Group Stock Performance

Wah Fu Education Group stock traded up $0.04 during trading on Thursday, hitting $1.66. The company’s stock had a trading volume of 2,325 shares, compared to its average volume of 10,347. The stock’s fifty day moving average is $1.65 and its 200 day moving average is $1.67. Wah Fu Education Group has a 1-year low of $1.30 and a 1-year high of $3.39.

Wah Fu Education Group (NASDAQ:WAFU) last announced its quarterly earnings results on Monday, March 30th. The company reported ($0.02) EPS for the quarter. The business had revenue of $1.53 million during the quarter.

Wah Fu Education Group Company Profile

Wah Fu Education Group (NASDAQ: WAFU) is a postsecondary vocational education provider in the People’s Republic of China, offering a range of career-oriented diploma and certificate programs. Through its network of licensed vocational schools, the company focuses on equipping students with practical skills in areas such as nursing, early childhood education, digital media, business administration and information technology. Wah Fu’s curriculum blends classroom instruction with hands-on training, aiming to meet the needs of local employers in sectors experiencing growth and skills shortages.

Founded in the early 2000s, Wah Fu has steadily expanded its footprint across Fujian Province, operating multiple campuses in cities including Xiamen, Fuzhou and Quanzhou.