Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Short Interest Update

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOGet Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 20,886 shares, a drop of 43.2% from the July 15th total of 36,760 shares. Based on an average daily trading volume, of 5,959 shares, the short-interest ratio is currently 3.5 days. Approximately 0.9% of the shares of the company are short sold.

Ambow Education Stock Down 3.6%

AMBO opened at $2.02 on Wednesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.51 and a current ratio of 2.53. Ambow Education has a 1 year low of $1.47 and a 1 year high of $6.75. The stock’s 50 day simple moving average is $2.25 and its 200-day simple moving average is $2.25.

Ambow Education (NYSEAMERICAN:AMBOGet Free Report) last posted 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 for the quarter.

Institutional Investors Weigh In On Ambow Education

A hedge fund recently bought a new stake in Ambow Education stock. Citadel Advisors LLC purchased a new stake in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOFree Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned about 0.62% of Ambow Education as of its most recent SEC filing. Hedge funds and other institutional investors own 9.65% of the company’s stock.

Ambow Education Company Profile

(Get Free Report)

Ambow Education (NYSEAMERICAN:AMBO) is a China-based provider of comprehensive educational services, operating through a network of subsidiaries and proprietary learning platforms. The company offers a spectrum of programs that span K-12 supplemental tutoring, vocational and professional training, and preparatory courses for English proficiency and standardized tests. Leveraging a blend of classroom instruction and online delivery, Ambow aims to enhance student outcomes through tailored curriculum design and technology-enabled teaching tools.

The company’s offerings include after-school tutoring for core academic subjects, career-focused training programs in areas such as finance, information technology and hospitality, and test-preparation services for exams including TOEFL and IELTS.

Further Reading

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