Wah Fu Education Group Limited (NASDAQ:WAFU) Sees Significant Increase in Short Interest

Wah Fu Education Group Limited (NASDAQ:WAFUGet Free Report) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 93,300 shares, a growth of 256.1% from the December 15th total of 26,200 shares. Based on an average daily trading volume, of 190,000 shares, the days-to-cover ratio is presently 0.5 days. Approximately 7.7% of the shares of the stock are sold short.

Wah Fu Education Group Trading Down 5.7 %

Wah Fu Education Group stock opened at $1.57 on Wednesday. Wah Fu Education Group has a 12-month low of $1.46 and a 12-month high of $2.85. The business’s 50-day moving average price is $1.65 and its two-hundred day moving average price is $1.78.

About Wah Fu Education Group

(Get Free Report)

Wah Fu Education Group Limited, through its subsidiaries, provides online exam preparation services and related technology solutions in the People's Republic of China. The company operates through two segments: Online Education Services, and Technological Development and Operation Services. The Online Education Services segment offers online education platforms to institutions, such as universities and training institutions, and online course development service companies.

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