Short Interest in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Rises By 86.4%

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 60,152 shares, an increase of 86.4% from the June 15th total of 32,276 shares. Based on an average trading volume of 525,202 shares, the days-to-cover ratio is presently 0.1 days. Approximately 2.5% of the company’s shares are sold short.

Ambow Education Stock Up 0.4%

Shares of NYSEAMERICAN:AMBO traded up $0.01 during mid-day trading on Thursday, reaching $2.25. 9,818 shares of the company were exchanged, compared to its average volume of 132,064. Ambow Education has a 1 year low of $1.47 and a 1 year high of $6.75. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.51 and a current ratio of 2.53. The firm’s 50-day simple moving average is $2.39 and its 200 day simple moving average is $2.37.

Ambow Education (NYSEAMERICAN:AMBO) last announced its earnings results on Monday, May 11th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $2.80 million during the quarter.

Institutional Investors Weigh In On Ambow Education

An institutional investor recently bought a new stake in Ambow Education stock. Citadel Advisors LLC bought a new position in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 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 quarter. Institutional investors and hedge funds own 9.65% of the company’s stock.

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.