IDP Education Limited (OTCMKTS:IDPUF) Short Interest Down 42.1% in June

IDP Education Limited (OTCMKTS:IDPUF) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 1,158,264 shares, a decrease of 42.1% from the May 31st total of 2,001,229 shares. Based on an average daily volume of 158 shares, the short-interest ratio is currently 7,330.8 days.

IDP Education Price Performance

Shares of IDP Education stock remained flat at $2.03 during midday trading on Wednesday. 1 shares of the company were exchanged, compared to its average volume of 433. The company’s fifty day moving average is $2.31 and its two-hundred day moving average is $2.43. IDP Education has a fifty-two week low of $2.03 and a fifty-two week high of $2.50.

About IDP Education

IDP Education (OTCMKTS: IDPUF) is a global education services provider specializing in international student placement and English language testing. The company assists prospective students in gaining admission to universities, colleges and vocational institutions across key English-speaking markets, including Australia, the United Kingdom, the United States, Canada and New Zealand. Its core services encompass personalized counseling, application management, predeparture orientation and onshore support to ensure a smooth transition for students studying abroad.

In addition to placement services, IDP Education is one of the co-owners of the International English Language Testing System (IELTS), one of the world’s most widely accepted English proficiency tests.