EpicQuest Education Group International Limited (NASDAQ:EEIQ) Sees Large Growth in Short Interest

EpicQuest Education Group International Limited (NASDAQ:EEIQ) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 22,878 shares, an increase of 81.1% from the June 30th total of 12,636 shares. Based on an average daily trading volume, of 18,219 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.7% of the shares of the company are sold short.

Institutional Investors Weigh In On EpicQuest Education Group International

A hedge fund recently raised its stake in EpicQuest Education Group International stock. Citadel Advisors LLC boosted its holdings in shares of EpicQuest Education Group International Limited (NASDAQ:EEIQ) by 393.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,544 shares of the company’s stock after buying an additional 100,081 shares during the period. Citadel Advisors LLC owned about 0.54% of EpicQuest Education Group International worth $56,000 as of its most recent SEC filing.

EpicQuest Education Group International Trading Up 4.7%

EEIQ traded up $0.10 on Thursday, hitting $2.12. 3,882 shares of the stock traded hands, compared to its average volume of 1,091,740. EpicQuest Education Group International has a 52 week low of $1.90 and a 52 week high of $27.84. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 0.14. The business has a fifty day moving average price of $2.91 and a two-hundred day moving average price of $3.53.

EpicQuest Education Group International (NASDAQ:EEIQ) last announced its quarterly earnings data on Thursday, June 25th. The company reported ($0.96) EPS for the quarter. The business had revenue of $3.14 million during the quarter.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Weiss Ratings cut EpicQuest Education Group International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, July 23rd. Wall Street Zen upgraded shares of EpicQuest Education Group International to a “hold” rating in a research note on Saturday, May 16th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, EpicQuest Education Group International has a consensus rating of “Sell”.

EpicQuest Education Group International Company Profile

EpicQuest Education Group International, Inc (NASDAQ: EEIQ) is a U.S.-listed holding company whose primary operations are conducted through its China-based subsidiaries focused on after-school English language immersion programs for K-12 students. The company aims to bridge language gaps by delivering structured English curricula that blend core language skills with cultural enrichment activities. EpicQuest’s model combines in-person instruction at its network of local learning centers with supplemental online resources to reinforce student engagement and learning outcomes.

EpicQuest offers a diverse suite of educational services, including weekday after-school classes, weekend workshops, holiday and summer camps, and study abroad preparation modules.