IDP Education Limited (OTCMKTS:IDPUF) Short Interest Down 42.1% in June

IDP Education Limited (OTCMKTS:IDPUF) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,158,264 shares, a decrease of 42.1% from the May 31st total of 2,001,229 shares. Based on an average daily trading volume, of 158 shares, the short-interest ratio is presently 7,330.8 days.

IDP Education Stock Performance

IDPUF remained flat at $2.03 during trading on Wednesday. 1 shares of the company’s stock were exchanged, compared to its average volume of 433. The firm has a fifty day moving average of $2.31 and a two-hundred day moving average of $2.43. IDP Education has a 12-month low of $2.03 and a 12-month high of $2.50.

IDP Education Company Profile

IDP Education (OTCMKTS: IDPUF) is a global education services provider specializing in international student placement and English language testing. The company assists prospective students in gaining admission to universities, colleges and vocational institutions across key English-speaking markets, including Australia, the United Kingdom, the United States, Canada and New Zealand. Its core services encompass personalized counseling, application management, predeparture orientation and onshore support to ensure a smooth transition for students studying abroad.

In addition to placement services, IDP Education is one of the co-owners of the International English Language Testing System (IELTS), one of the world’s most widely accepted English proficiency tests.