Short Interest in Classover Holdings, Inc. (NASDAQ:KIDZ) Expands By 85.0%

Classover Holdings, Inc. (NASDAQ:KIDZ) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 305,635 shares, a growth of 85.0% from the May 14th total of 165,177 shares. Based on an average daily volume of 22,263,034 shares, the short-interest ratio is currently 0.0 days. Approximately 3.9% of the shares of the stock are sold short.

Institutional Investors Weigh In On Classover

A hedge fund recently bought a new stake in Classover stock. Sandia Investment Management LP bought a new stake in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned about 0.38% of Classover as of its most recent filing with the SEC. 74.70% of the stock is owned by institutional investors and hedge funds.

Classover Price Performance

NASDAQ:KIDZ traded down $0.27 during trading hours on Tuesday, reaching $1.42. 382,867 shares of the company traded hands, compared to its average volume of 604,576. The firm’s 50-day moving average is $9.97 and its 200-day moving average is $58.85. The stock has a market cap of $1.12 million, a P/E ratio of -0.19 and a beta of -0.83. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.94 and a quick ratio of 0.94. Classover has a 1-year low of $1.37 and a 1-year high of $2,075.00.

Classover (NASDAQ:KIDZ) last announced its earnings results on Friday, May 15th. The company reported ($3,656,370.00) EPS for the quarter. The company had revenue of $0.52 million for the quarter. Classover had a negative net margin of 356.34% and a negative return on equity of 281.13%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Weiss Ratings raised Classover from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 4th. Wall Street Zen downgraded Classover from a “hold” rating to a “strong sell” rating in a research note on Saturday, April 11th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock 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.