Short Interest in EpicQuest Education Group International Limited (NASDAQ:EEIQ) Rises By 697.7%

EpicQuest Education Group International Limited (NASDAQ:EEIQ) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 483,421 shares, an increase of 697.7% from the March 15th total of 60,600 shares. Based on an average daily volume of 11,317,568 shares, the short-interest ratio is currently 0.0 days. Approximately 41.1% of the shares of the company are short sold.

EpicQuest Education Group International Stock Down 15.2%

NASDAQ:EEIQ traded down $0.74 during trading hours on Friday, reaching $4.13. 79,083 shares of the company’s stock were exchanged, compared to its average volume of 7,175,688. EpicQuest Education Group International has a 12 month low of $1.90 and a 12 month high of $27.84. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.14. The business’s 50-day simple moving average is $3.91 and its two-hundred day simple moving average is $4.94.

EpicQuest Education Group International (NASDAQ:EEIQ) last issued its earnings results on Thursday, January 29th. The company reported ($1.10) earnings per share for the quarter. The company had revenue of $1.79 million for the quarter.

Institutional Investors Weigh In On EpicQuest Education Group International

A hedge fund recently bought a new stake in EpicQuest Education Group International stock. Sabby Management LLC purchased a new stake in EpicQuest Education Group International Limited (NASDAQ:EEIQ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 900,765 shares of the company’s stock, valued at approximately $401,000. EpicQuest Education Group International makes up about 0.5% of Sabby Management LLC’s portfolio, making the stock its 13th biggest position. Sabby Management LLC owned approximately 3.85% of EpicQuest Education Group International as of its most recent filing with the Securities and Exchange Commission.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of EpicQuest Education Group International in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

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.