Classover Holdings, Inc. (NASDAQ:KIDZ) Stock Short Interest Jumps 73.3%

Classover Holdings, Inc. (NASDAQ:KIDZ) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 56,523 shares, a growth of 73.3% from the August 31st total of 32,608 shares. Currently, 6.5% of the company’s shares are short sold. Based on an average daily trading volume, of 122,711 shares, the short-interest ratio is presently 0.5 days.

Classover Trading Down 1.2%

KIDZ opened at $2.41 on Friday. Classover has a 52 week low of $2.23 and a 52 week high of $9,975.00. The company has a quick ratio of 3.89, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. The business has a fifty day simple moving average of $4.62 and a 200-day simple moving average of $95.59. The firm has a market cap of $2.07 million, a P/E ratio of 0.02 and a beta of -0.65.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Wall Street Zen cut Classover from a “hold” rating to a “sell” rating in a report on Saturday, August 29th. Weiss Ratings lowered shares of Classover from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, September 25th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Classover Company Profile

Classover is an education technology company that provides online enrichment and extracurricular learning programs for children. Its platform is designed to connect students with instructors through live, interactive classes conducted online.

The company offers programming across subjects and activities such as academic support, coding, language learning, arts, music and other youth-oriented educational areas. Classes are generally structured for children and may be offered in group or individualized formats, depending on the program.

Classover primarily serves families seeking supplemental education outside the traditional school setting, with its online model enabling participation from students in multiple locations.