Short Interest in Wah Fu Education Group Limited (NASDAQ:WAFU) Drops By 16.5%

Wah Fu Education Group Limited (NASDAQ:WAFU) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 40,000 shares, a drop of 16.5% from the November 15th total of 47,900 shares. Approximately 3.3% of the shares of the stock are short sold. Based on an average trading volume of 85,000 shares, the days-to-cover ratio is currently 0.5 days.

Wah Fu Education Group Stock Performance

WAFU opened at $1.55 on Monday. The business has a 50 day moving average price of $1.73 and a two-hundred day moving average price of $1.83. Wah Fu Education Group has a 1-year low of $1.49 and a 1-year 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.