Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Down 42.4% in June

Wah Fu Education Group Limited (NASDAQ:WAFU) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 5,674 shares, a drop of 42.4% from the June 15th total of 9,858 shares. Based on an average daily trading volume, of 16,169 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.5% of the company’s stock are sold short.

Wah Fu Education Group Price Performance

WAFU traded down $0.01 during trading hours on Friday, reaching $1.57. 2,309 shares of the stock traded hands, compared to its average volume of 9,008. The firm’s fifty day simple moving average is $1.63 and its two-hundred day simple moving average is $1.65. Wah Fu Education Group has a fifty-two week low of $1.37 and a fifty-two week high of $3.39.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Wah Fu Education Group in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Wah Fu Education Group presently has a consensus rating of “Sell”.

Institutional Trading of Wah Fu Education Group

An institutional investor recently bought a new stake in Wah Fu Education Group stock. Financial Plan Inc. bought a new position in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned about 0.43% of Wah Fu Education Group as of its most recent filing with the Securities and Exchange Commission (SEC).

About Wah Fu Education Group

Wah Fu Education Group (NASDAQ: WAFU) is a postsecondary vocational education provider in the People’s Republic of China, offering a range of career-oriented diploma and certificate programs. Through its network of licensed vocational schools, the company focuses on equipping students with practical skills in areas such as nursing, early childhood education, digital media, business administration and information technology. Wah Fu’s curriculum blends classroom instruction with hands-on training, aiming to meet the needs of local employers in sectors experiencing growth and skills shortages.

Founded in the early 2000s, Wah Fu has steadily expanded its footprint across Fujian Province, operating multiple campuses in cities including Xiamen, Fuzhou and Quanzhou.