Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Sees Significant Growth in Short Interest

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 141,457 shares, an increase of 2,070.3% from the April 30th total of 6,518 shares. Based on an average daily trading volume, of 945,290 shares, the days-to-cover ratio is currently 0.1 days. Currently, 5.9% of the company’s stock are sold short.

Institutional Trading of Ambow Education

A hedge fund recently bought a new stake in Ambow Education stock. Citadel Advisors LLC acquired a new stake in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned 0.62% of Ambow Education as of its most recent SEC filing. Institutional investors own 9.65% of the company’s stock.

Ambow Education Trading Up 2.6%

Ambow Education stock traded up $0.07 during trading hours on Friday, hitting $2.54. 103,759 shares of the stock traded hands, compared to its average volume of 116,887. The company has a quick ratio of 2.51, a current ratio of 2.53 and a debt-to-equity ratio of 0.31. The firm’s 50 day moving average price is $2.30 and its 200-day moving average price is $2.73. Ambow Education has a 1 year low of $1.47 and a 1 year high of $6.75.

Ambow Education (NYSEAMERICAN:AMBO) last posted 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.

About Ambow Education

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.