Classover Holdings, Inc. (NASDAQ:KIDZ) Short Interest Up 622.3% in July

Classover Holdings, Inc. (NASDAQ:KIDZ) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 404,511 shares, a growth of 622.3% from the July 15th total of 56,006 shares. Currently, 52.3% of the company’s shares are short sold. Based on an average daily volume of 51,991,336 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Classover

A hedge fund recently bought a new position in Classover stock. Sandia Investment Management LP acquired a new stake in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) during the 2nd quarter, according to the company in its most recent 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. Institutional investors own 74.70% of the company’s stock.

Classover Trading Down 0.3%

KIDZ traded down $0.01 during trading on Thursday, hitting $4.08. The company’s stock had a trading volume of 147,318 shares, compared to its average volume of 426,611. The firm has a market capitalization of $3.23 million, a P/E ratio of -0.06 and a beta of -0.66. Classover has a twelve month low of $3.85 and a twelve month high of $21,900.00. The stock’s fifty day moving average price is $0.94 and its 200-day moving average price is $22.19. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.40.

Classover (NASDAQ:KIDZ) last announced its quarterly earnings data on Friday, May 15th. The company reported ($54,845,550.00) EPS for the quarter. The company had revenue of $0.52 million for the quarter. Classover had a negative return on equity of 281.13% and a negative net margin of 356.34%.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Classover from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

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.