Wah Fu Education Group Limited (NASDAQ:WAFU) Sees Large Decline in Short Interest

Wah Fu Education Group Limited (NASDAQ:WAFU) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 2,374 shares, a drop of 30.9% from the February 26th total of 3,437 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 3,630 shares, the days-to-cover ratio is presently 0.7 days.

Wah Fu Education Group Stock Performance

NASDAQ:WAFU opened at $1.57 on Friday. Wah Fu Education Group has a 52 week low of $1.22 and a 52 week high of $3.39. The stock’s fifty day moving average is $1.69 and its two-hundred day moving average is $1.71.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Wah Fu Education Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Wah Fu Education Group presently has an average rating of “Sell”.

Wah Fu Education Group Company Profile

Wah Fu Education Group (NASDAQ: WAFU) is a postsecondary vocational education provider in the People’s Republic of China, offering a range of career-oriented diploma and certificate programs. Through its network of licensed vocational schools, the company focuses on equipping students with practical skills in areas such as nursing, early childhood education, digital media, business administration and information technology. Wah Fu’s curriculum blends classroom instruction with hands-on training, aiming to meet the needs of local employers in sectors experiencing growth and skills shortages.

Founded in the early 2000s, Wah Fu has steadily expanded its footprint across Fujian Province, operating multiple campuses in cities including Xiamen, Fuzhou and Quanzhou.