Wah Fu Education Group Limited (NASDAQ:WAFU) Sees Significant Decrease in Short Interest

Wah Fu Education Group Limited (NASDAQ:WAFU) saw a large decrease in short interest in May. As of May 31st, there was short interest totalling 83,900 shares, a decrease of 40.5% from the May 15th total of 141,100 shares. Based on an average trading volume of 105,500 shares, the days-to-cover ratio is presently 0.8 days. Currently, 5.8% of the shares of the company are short sold.

Wah Fu Education Group Price Performance

Wah Fu Education Group stock opened at $1.41 on Monday. The firm has a 50 day moving average of $1.44 and a 200 day moving average of $1.63. Wah Fu Education Group has a 12-month low of $1.22 and a 12-month high of $7.49.

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.