Short Interest in Wah Fu Education Group Limited (NASDAQ:WAFU) Rises By 63.3%

Wah Fu Education Group Limited (NASDAQ:WAFU – Get Rating) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 40,500 shares, a growth of 63.3% from the March 31st total of 24,800 shares. Based on an average daily volume of 157,700 shares, the short-interest ratio is currently 0.3 days.

A hedge fund recently bought a new stake in Wah Fu Education Group stock. Citadel Advisors LLC purchased a new stake in Wah Fu Education Group Limited (NASDAQ:WAFU – Get Rating) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 23,683 shares of the company’s stock, valued at approximately $205,000. Citadel Advisors LLC owned about 0.53% of Wah Fu Education Group as of its most recent filing with the Securities and Exchange Commission. 1.27% of the stock is owned by institutional investors.

NASDAQ WAFU opened at $2.51 on Friday. The business has a fifty day moving average price of $3.11 and a two-hundred day moving average price of $3.99. Wah Fu Education Group has a fifty-two week low of $2.38 and a fifty-two week high of $12.50.

About Wah Fu Education Group (Get Rating)

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.

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