Short Interest in Classover Holdings, Inc. (NASDAQ:KIDZ) Rises By 632.8%

Classover Holdings, Inc. (NASDAQ:KIDZ) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 489,270 shares, an increase of 632.8% from the April 15th total of 66,767 shares. Approximately 48.7% of the shares of the company are short sold. Based on an average daily volume of 7,299,070 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Classover from a “hold” rating to a “strong sell” rating in a report on Saturday, April 11th. Weiss Ratings raised shares of Classover from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Classover presently has a consensus rating of “Sell”.

Classover Price Performance

Shares of Classover stock traded up $0.00 during trading hours on Wednesday, reaching $0.53. 520,348 shares of the company’s stock were exchanged, compared to its average volume of 7,333,187. Classover has a 1 year low of $0.42 and a 1 year high of $309.00. The company has a market capitalization of $696,920.00, a P/E ratio of -0.18 and a beta of -0.65. The business has a fifty day moving average of $2.17 and a two-hundred day moving average of $10.32. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.17.

Classover (NASDAQ:KIDZ) last released its earnings results on Wednesday, April 1st. The company reported $22,832,247.00 earnings per share (EPS) for the quarter. Classover had a negative net margin of 209.30% and a negative return on equity of 398.82%. The business had revenue of $0.54 million during the quarter.

Institutional Investors Weigh In On Classover

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

About Classover

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.