Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Down 16.5% in November

Wah Fu Education Group Limited (NASDAQ:WAFU) was the target of a large drop in short interest during the month of 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. Currently, 3.3% of the company’s shares are sold short. Based on an average trading volume of 85,000 shares, the days-to-cover ratio is presently 0.5 days.

Wah Fu Education Group Stock Performance

Shares of NASDAQ:WAFU opened at $1.55 on Friday. The stock’s 50-day moving average is $1.74 and its 200 day 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.