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

Wah Fu Education Group Limited (NASDAQ:WAFU) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 55,700 shares, a growth of 623.4% from the October 15th total of 7,700 shares. Approximately 4.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 78,400 shares, the short-interest ratio is currently 0.7 days.

Wah Fu Education Group Trading Down 1.2 %

NASDAQ WAFU traded down $0.02 during trading hours on Thursday, reaching $1.68. 20,004 shares of the stock traded hands, compared to its average volume of 66,151. The stock has a 50 day simple moving average of $1.82 and a two-hundred day simple moving average of $1.86. Wah Fu Education Group has a 1 year low of $1.58 and a 1 year high of $2.85.

About Wah Fu Education Group

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.