EpicQuest Education Group International Limited (NASDAQ:EEIQ) Shares Shorted: Short Interest Down 45.6% in October

EpicQuest Education Group International Limited (NASDAQ:EEIQ) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 9,463 shares, a decline of 45.6% from the September 30th total of 17,381 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 14,877 shares, the days-to-cover ratio is presently 0.6 days.

EpicQuest Education Group International Price Performance

Shares of EpicQuest Education Group International stock traded down $0.04 during trading on Friday, hitting $4.15. 9,977 shares of the stock were exchanged, compared to its average volume of 9,749. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.14. The company has a fifty day moving average price of $4.03 and a 200-day moving average price of $3.54. EpicQuest Education Group International has a 1-year low of $1.90 and a 1-year high of $12.70.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded EpicQuest Education Group International from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 23rd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

EpicQuest Education Group International Company Profile

EpicQuest Education Group International Inc (NASDAQ: EEIQ) is an education services company focused on post-secondary institutions in North America. The company provides career-oriented educational programs and related student services through its portfolio of colleges.

EpicQuest’s education offerings include academic and vocational programs designed to serve domestic and international students. Its institutions have offered programs in areas such as business, healthcare and other career-focused disciplines, along with English-language and student-support services where applicable.

The company was formerly known as Elite Education Group International Inc and adopted the EpicQuest Education Group International name as part of its broader education-platform strategy.