EpicQuest Education Group International Limited (NASDAQ:EEIQ) Sees Significant Increase in Short Interest

EpicQuest Education Group International Limited (NASDAQ:EEIQ) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 22,878 shares, a growth of 81.1% from the June 30th total of 12,636 shares. Currently, 1.7% of the company’s stock are sold short. Based on an average daily volume of 18,219 shares, the days-to-cover ratio is currently 1.3 days.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on EEIQ shares. Weiss Ratings cut shares of EpicQuest Education Group International from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, July 23rd. Wall Street Zen upgraded EpicQuest Education Group International to a “hold” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, EpicQuest Education Group International has an average rating of “Sell”.

Institutional Investors Weigh In On EpicQuest Education Group International

A hedge fund recently raised its position in EpicQuest Education Group International stock. Citadel Advisors LLC increased its holdings in shares of EpicQuest Education Group International Limited (NASDAQ:EEIQ) by 393.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 125,544 shares of the company’s stock after purchasing an additional 100,081 shares during the period. Citadel Advisors LLC owned approximately 0.54% of EpicQuest Education Group International worth $56,000 at the end of the most recent reporting period.

EpicQuest Education Group International Price Performance

Shares of EpicQuest Education Group International stock traded up $0.10 on Thursday, reaching $2.12. The stock had a trading volume of 3,882 shares, compared to its average volume of 1,091,740. The business’s 50-day moving average price is $2.91 and its two-hundred day moving average price is $3.53. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.91 and a quick ratio of 1.91. EpicQuest Education Group International has a fifty-two week low of $1.90 and a fifty-two week high of $27.84.

EpicQuest Education Group International (NASDAQ:EEIQ) last posted its earnings results on Thursday, June 25th. The company reported ($0.96) earnings per share (EPS) for the quarter. The company had revenue of $3.14 million for the quarter.

About EpicQuest Education Group International

EpicQuest Education Group International, Inc (NASDAQ: EEIQ) is a U.S.-listed holding company whose primary operations are conducted through its China-based subsidiaries focused on after-school English language immersion programs for K-12 students. The company aims to bridge language gaps by delivering structured English curricula that blend core language skills with cultural enrichment activities. EpicQuest’s model combines in-person instruction at its network of local learning centers with supplemental online resources to reinforce student engagement and learning outcomes.

EpicQuest offers a diverse suite of educational services, including weekday after-school classes, weekend workshops, holiday and summer camps, and study abroad preparation modules.