Classover Holdings, Inc. (NASDAQ:KIDZ) Short Interest Update

Classover Holdings, Inc. (NASDAQ:KIDZ) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 56,006 shares, a drop of 37.9% from the June 30th total of 90,208 shares. Based on an average daily volume of 20,381,830 shares, the days-to-cover ratio is currently 0.0 days. Approximately 7.2% of the company’s stock are short sold.

Classover Stock Performance

Shares of KIDZ stock traded up $0.00 on Thursday, hitting $0.60. The company’s stock had a trading volume of 2,381,328 shares, compared to its average volume of 6,437,852. Classover has a fifty-two week low of $0.40 and a fifty-two week high of $1,460.00. The stock’s 50 day moving average is $1.67 and its 200-day moving average is $29.04. The company has a market capitalization of $474,790.00, a PE ratio of -0.01 and a beta of -0.67. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.94 and a current ratio of 0.94.

Classover (NASDAQ:KIDZ) last issued its quarterly earnings results on Friday, May 15th. The company reported ($3,656,370.00) earnings per share (EPS) for the quarter. The company had revenue of $0.52 million during the quarter. Classover had a negative net margin of 356.34% and a negative return on equity of 281.13%.

Analysts Set New Price Targets

Several research firms have commented on KIDZ. Wall Street Zen cut Classover from a “hold” rating to a “strong sell” rating in a research note on Saturday, April 11th. Weiss Ratings raised shares of Classover from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, June 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Hedge Funds Weigh In On Classover

A hedge fund recently bought a new stake in Classover stock. Sandia Investment Management LP bought a new position in Classover Holdings, Inc. (NASDAQ:KIDZ) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned approximately 0.38% of Classover as of its most recent SEC filing. 74.70% of the stock is owned by hedge funds and other institutional investors.

About Classover

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.