Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Down 49.2% in January

Wah Fu Education Group Limited (NASDAQ:WAFU) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 47,400 shares, a decline of 49.2% from the December 31st total of 93,300 shares. Based on an average daily volume of 194,400 shares, the days-to-cover ratio is presently 0.2 days. Approximately 3.9% of the company’s stock are sold short.

Wah Fu Education Group Price Performance

Shares of WAFU traded down $0.09 during mid-day trading on Thursday, hitting $1.75. The company’s stock had a trading volume of 16,530 shares, compared to its average volume of 44,343. The company’s 50-day moving average is $1.67 and its 200-day moving average is $1.77. Wah Fu Education Group has a 52-week low of $1.46 and a 52-week 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.