Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Short Interest Down 40.1% in June

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 32,276 shares, a decrease of 40.1% from the May 31st total of 53,859 shares. Based on an average daily trading volume, of 28,545 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.4% of the shares of the company are short sold.

Institutional Investors Weigh In On Ambow Education

A hedge fund recently bought a new position in Ambow Education stock. Citadel Advisors LLC acquired a new stake in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 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 filing with the SEC. Hedge funds and other institutional investors own 9.65% of the company’s stock.

Ambow Education Stock Performance

NYSEAMERICAN AMBO traded down $0.14 on Thursday, hitting $2.21. 22,834 shares of the company’s stock traded hands, compared to its average volume of 140,382. 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 firm’s 50-day moving average price is $2.41 and its two-hundred day moving average price is $2.45.

Ambow Education (NYSEAMERICAN:AMBO) last released its quarterly earnings data on Monday, May 11th. The company reported $0.15 EPS for the quarter. The business had revenue of $2.80 million during the quarter.

About Ambow Education

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.