Short Interest in Wah Fu Education Group Limited (NASDAQ:WAFU) Declines By 16.5%

Wah Fu Education Group Limited (NASDAQ:WAFU) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 40,000 shares, a drop of 16.5% from the November 15th total of 47,900 shares. Based on an average daily volume of 85,000 shares, the short-interest ratio is presently 0.5 days. Currently, 3.3% of the shares of the stock are sold short.

Wah Fu Education Group Stock Performance

NASDAQ WAFU opened at $1.55 on Friday. The stock’s 50 day simple moving average is $1.73 and its 200-day simple moving average is $1.83. Wah Fu Education Group has a 1-year low of $1.49 and a 1-year high of $2.85.

Wah Fu Education Group Company Profile

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.