American Public Education, Inc. (NASDAQ:APEI) Short Interest Down 10.1% in January

American Public Education, Inc. (NASDAQ:APEI) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 732,500 shares, a decline of 10.1% from the January 15th total of 814,600 shares. Currently, 4.5% of the company’s shares are short sold. Based on an average daily volume of 115,400 shares, the days-to-cover ratio is currently 6.3 days.

American Public Education Price Performance

Shares of American Public Education stock opened at $21.93 on Monday. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.37. The company has a market cap of $388.42 million, a PE ratio of 39.16, a P/E/G ratio of 1.09 and a beta of 1.27. The business has a 50 day moving average of $21.58 and a 200 day moving average of $17.98. American Public Education has a 52 week low of $10.30 and a 52 week high of $23.84.

Hedge Funds Weigh In On American Public Education

A number of hedge funds and other institutional investors have recently made changes to their positions in APEI. Principal Financial Group Inc. bought a new position in shares of American Public Education during the third quarter valued at approximately $165,000. Los Angeles Capital Management LLC bought a new position in American Public Education in the third quarter worth $227,000. GSA Capital Partners LLP raised its holdings in American Public Education by 184.0% in the third quarter. GSA Capital Partners LLP now owns 31,963 shares of the company’s stock worth $471,000 after purchasing an additional 20,710 shares in the last quarter. Victory Capital Management Inc. bought a new position in American Public Education in the third quarter worth $299,000. Finally, Empowered Funds LLC raised its holdings in American Public Education by 5.2% in the third quarter. Empowered Funds LLC now owns 86,299 shares of the company’s stock worth $1,273,000 after purchasing an additional 4,288 shares in the last quarter. Institutional investors own 79.62% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on APEI shares. Barrington Research boosted their price objective on American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. B. Riley boosted their price objective on American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. StockNews.com upgraded American Public Education from a “hold” rating to a “buy” rating in a research report on Thursday, January 2nd. Finally, Truist Financial boosted their price objective on American Public Education from $15.00 to $20.00 and gave the company a “hold” rating in a research report on Thursday, November 14th.

About American Public Education

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.