Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Shares Shorted: Short Interest Down 37.3% in September

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 5,292 shares, a decrease of 37.3% from the August 31st total of 8,441 shares. Based on an average daily volume of 1,771 shares, the days-to-cover ratio is presently 3.0 days. Currently, 0.2% of the company’s shares are sold short.

Ambow Education Stock Performance

Shares of NYSEAMERICAN:AMBO traded down $0.00 during midday trading on Thursday, reaching $1.90. The company’s stock had a trading volume of 1,461 shares, compared to its average volume of 99,325. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.44 and a quick ratio of 2.34. Ambow Education has a 1 year low of $1.47 and a 1 year high of $6.75. The business has a 50 day moving average price of $2.06 and a 200 day moving average price of $2.23.

Ambow Education (NYSEAMERICAN:AMBO) last released its earnings results on Friday, August 14th. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $2.39 million during the quarter.

Ambow Education Company Profile

Ambow Education Holding Ltd. is an education services company that provides career-oriented learning and technology-enabled education programs. Its offerings have included postsecondary education, vocational and professional training, online learning, blended-learning solutions, and services designed to help students develop academic and workplace skills.

Founded in China, Ambow has historically served students through education and training operations in China and the United States. The company has operated or supported postsecondary institutions and career-training programs, with an emphasis on applied education, technology, and workforce preparation.