Short Interest in Wah Fu Education Group Limited (NASDAQ:WAFU) Decreases By 41.1%

Wah Fu Education Group Limited (NASDAQ:WAFU) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 9,524 shares, a decline of 41.1% from the May 14th total of 16,159 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 5,646 shares, the short-interest ratio is presently 1.7 days.

Wah Fu Education Group Stock Performance

Shares of NASDAQ WAFU traded up $0.09 during midday trading on Monday, hitting $1.75. The stock had a trading volume of 2,797 shares, compared to its average volume of 14,820. Wah Fu Education Group has a 1-year low of $1.30 and a 1-year high of $3.39. The company has a fifty day moving average price of $1.65 and a 200 day moving average price of $1.66.

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

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. acquired a new position in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 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 as of its most recent SEC filing.

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.