IDP Education Limited (OTCMKTS:IDPUF – Get Free Report) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 1,158,264 shares, a decline of 42.1% from the May 31st total of 2,001,229 shares. Based on an average trading volume of 158 shares, the days-to-cover ratio is currently 7,330.8 days.
IDP Education Price Performance
Shares of IDPUF opened at $2.03 on Friday. The company’s 50 day moving average price is $2.29 and its 200 day moving average price is $2.43. IDP Education has a 52 week low of $2.03 and a 52 week high of $2.50.
IDP Education Company Profile
IDP Education (OTCMKTS: IDPUF) is a global education services provider specializing in international student placement and English language testing. The company assists prospective students in gaining admission to universities, colleges and vocational institutions across key English-speaking markets, including Australia, the United Kingdom, the United States, Canada and New Zealand. Its core services encompass personalized counseling, application management, predeparture orientation and onshore support to ensure a smooth transition for students studying abroad.
In addition to placement services, IDP Education is one of the co-owners of the International English Language Testing System (IELTS), one of the world’s most widely accepted English proficiency tests.
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