Bright Scholar Education Holdings Limited (NYSE:BEDU) Sees Large Increase in Short Interest

Bright Scholar Education Holdings Limited (NYSE:BEDU) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,700 shares, a growth of 70.0% from the February 28th total of 1,000 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 12,600 shares, the short-interest ratio is currently 0.1 days.

Bright Scholar Education Stock Down 11.0 %

NYSE:BEDU traded down $0.19 during trading hours on Friday, hitting $1.53. 3,668 shares of the company’s stock traded hands, compared to its average volume of 8,595. The firm has a market cap of $45.48 million, a P/E ratio of -0.32 and a beta of 0.44. The business’s fifty day simple moving average is $1.67 and its two-hundred day simple moving average is $1.80. Bright Scholar Education has a 52 week low of $1.35 and a 52 week high of $2.42.

Bright Scholar Education (NYSE:BEDU) last posted its quarterly earnings data on Friday, January 24th. The company reported $0.16 earnings per share (EPS) for the quarter. Bright Scholar Education had a negative return on equity of 0.35% and a negative net margin of 55.92%.

About Bright Scholar Education

Bright Scholar Education Holdings Limited, an education service provider, operates and provides K-12 schools and complementary education services in China, Hong Kong, Canada, the United States, and the United Kingdom. The company operates in three segments: Overseas Schools; Complementary Education Services; and Domestic Kindergartens and K-12 Operation Services.