American Public Education, Inc. (NASDAQ:APEI) Short Interest Down 11.5% in August

American Public Education, Inc. (NASDAQ:APEI) saw a significant decline in short interest in the month of August. As of August 15th, there was short interest totalling 247,900 shares, a decline of 11.5% from the July 31st total of 280,200 shares. Approximately 1.5% of the company’s shares are short sold. Based on an average daily volume of 165,000 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in APEI. Swiss National Bank boosted its position in shares of American Public Education by 7.5% during the 1st quarter. Swiss National Bank now owns 44,300 shares of the company’s stock worth $941,000 after acquiring an additional 3,100 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of American Public Education by 10.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,783 shares of the company’s stock worth $230,000 after acquiring an additional 988 shares in the last quarter. MetLife Investment Management LLC boosted its position in shares of American Public Education by 46.6% during the 1st quarter. MetLife Investment Management LLC now owns 9,417 shares of the company’s stock worth $200,000 after acquiring an additional 2,995 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of American Public Education by 14.1% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,129 shares of the company’s stock worth $343,000 after acquiring an additional 1,989 shares in the last quarter. Finally, Yousif Capital Management LLC boosted its position in shares of American Public Education by 4.8% during the 1st quarter. Yousif Capital Management LLC now owns 17,305 shares of the company’s stock worth $368,000 after acquiring an additional 795 shares in the last quarter. 81.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

APEI has been the topic of several research analyst reports. Barrington Research reiterated an “outperform” rating and issued a $8.00 price objective on shares of American Public Education in a report on Thursday, August 10th. Truist Financial initiated coverage on American Public Education in a report on Friday, May 26th. They issued a “hold” rating and a $6.00 price objective on the stock. Finally, StockNews.com initiated coverage on American Public Education in a report on Friday, August 18th. They issued a “hold” rating on the stock.

American Public Education Trading Down 0.2 %

APEI opened at $5.38 on Tuesday. American Public Education has a 12 month low of $3.76 and a 12 month high of $14.22. The stock has a market capitalization of $95.60 million, a price-to-earnings ratio of -1.39 and a beta of 0.76. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.39 and a quick ratio of 2.39. The business has a fifty day moving average price of $5.02 and a 200 day moving average price of $6.22.

American Public Education (NASDAQ:APEI) last released its earnings results on Tuesday, August 8th. The company reported ($0.25) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.06. American Public Education had a negative return on equity of 5.16% and a negative net margin of 11.23%. The firm had revenue of $147.21 million during the quarter, compared to analysts’ expectations of $146.24 million. Sell-side analysts expect that American Public Education will post -0.91 earnings per share for the current fiscal year.

American Public Education Company Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 136 degree programs and 115 certificate programs in various fields of study, including nursing, public health, public administration, and business administration.