Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Sees Large Decline in Short Interest

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOGet Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 8,441 shares, a decline of 67.0% from the August 15th total of 25,564 shares. Based on an average trading volume of 6,546 shares, the short-interest ratio is currently 1.3 days. Currently, 0.4% of the shares of the stock are short sold.

Ambow Education Stock Performance

NYSEAMERICAN AMBO traded up $0.01 during trading on Friday, hitting $2.09. 2,069 shares of the company’s stock were exchanged, compared to its average volume of 4,703. The company has a quick ratio of 2.34, a current ratio of 2.44 and a debt-to-equity ratio of 0.31. Ambow Education has a fifty-two week low of $1.47 and a fifty-two week high of $6.75. The stock’s 50 day moving average price is $2.12 and its two-hundred day moving average price is $2.20.

Ambow Education (NYSEAMERICAN:AMBOGet Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $2.39 million for the quarter.

Institutional Trading of Ambow Education

An institutional investor recently bought a new position in Ambow Education stock. Citadel Advisors LLC purchased a new stake in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOFree Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned about 0.62% of Ambow Education as of its most recent filing with the Securities and Exchange Commission. 9.65% of the stock is currently owned by institutional investors.

About Ambow Education

(Get Free Report)

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.

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