Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) Short Interest Update

Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 2,798 shares, a decrease of 93.8% from the April 15th total of 45,287 shares. Currently, 9.6% of the shares of the company are sold short. Based on an average daily volume of 53,805 shares, the days-to-cover ratio is currently 0.1 days.

Lixiang Education Stock Down 6.9%

Shares of NASDAQ LXEH traded down $0.08 during mid-day trading on Monday, hitting $1.08. The company had a trading volume of 21,241 shares, compared to its average volume of 81,157. The business’s 50-day simple moving average is $1.87 and its 200-day simple moving average is $2.56. Lixiang Education has a 12 month low of $0.83 and a 12 month high of $32.98.

Institutional Investors Weigh In On Lixiang Education

A hedge fund recently bought a new stake in Lixiang Education stock. XTX Topco Ltd bought a new stake in Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 30,222 shares of the company’s stock, valued at approximately $43,000. XTX Topco Ltd owned 2.58% of Lixiang Education as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 0.51% of the company’s stock.

About Lixiang Education

Lixiang Education Holding Co, Ltd. provides primary and middle school education services from grade 1 to grade 9 in the People's Republic of China. As of December 31, 2020, the company operated two campuses, including Baiyun Campus and Yijing Campus. It also engages in the operation of food procurement. The company was formerly known as Lianwai Education Group Limited and changed its name to Lixiang Education Holding Co, Ltd. in May 26, 2020. The company was founded in 2001 and is headquartered in Lishui, the People's Republic of China.