Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Update

Wah Fu Education Group Limited (NASDAQ:WAFU) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 93,300 shares, an increase of 256.1% from the December 31st total of 26,200 shares. Based on an average trading volume of 190,000 shares, the days-to-cover ratio is presently 0.5 days. Currently, 7.7% of the company’s shares are sold short.

Wah Fu Education Group Stock Down 1.1 %

Shares of NASDAQ WAFU opened at $1.79 on Wednesday. The firm’s fifty day moving average is $1.66 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.

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.