Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Update

Wah Fu Education Group Limited (NASDAQ:WAFU) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 56,898 shares, a decrease of 68.7% from the August 15th total of 181,762 shares. Based on an average daily volume of 60,537 shares, the days-to-cover ratio is currently 0.9 days. Approximately 7.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Wah Fu Education Group

An institutional investor recently bought a new position in Wah Fu Education Group stock. Financial Plan Inc. purchased a new position in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned approximately 0.43% of Wah Fu Education Group at the end of the most recent reporting period.

Wall Street Analyst Weigh In

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

Wah Fu Education Group Stock Performance

WAFU stock opened at $1.38 on Friday. Wah Fu Education Group has a 52 week low of $1.22 and a 52 week high of $3.06. The company’s 50-day simple moving average is $1.47 and its 200 day simple moving average is $1.59.

Wah Fu Education Group (NASDAQ:WAFU) last issued its quarterly earnings data on Thursday, July 30th. The company reported ($0.11) earnings per share for the quarter. The business had revenue of $1.65 million for the quarter.

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.