Short Interest in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Decreases By 40.1%

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 32,276 shares, a decrease of 40.1% from the May 31st total of 53,859 shares. Currently, 1.4% of the company’s shares are sold short. Based on an average daily trading volume, of 28,545 shares, the short-interest ratio is presently 1.1 days.

Institutional Investors Weigh In On Ambow Education

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

Ambow Education Trading Up 3.5%

Shares of AMBO stock traded up $0.08 during trading hours on Wednesday, hitting $2.35. 9,777 shares of the company were exchanged, compared to its average volume of 141,337. The company has a 50 day simple moving average of $2.41 and a two-hundred day simple moving average of $2.46. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.51 and a current ratio of 2.53. Ambow Education has a fifty-two week low of $1.47 and a fifty-two week high of $6.75.

Ambow Education (NYSEAMERICAN:AMBO) last released its earnings results on Monday, May 11th. The company reported $0.15 earnings per share (EPS) for the quarter. The company 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.