Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Up 260.0% in February

Wah Fu Education Group Limited (NASDAQ:WAFU) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 133,200 shares, an increase of 260.0% from the February 13th total of 37,000 shares. Based on an average daily trading volume, of 2,280,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 11.0% of the shares of the company are sold short.

Wah Fu Education Group Stock Performance

Wah Fu Education Group stock opened at $1.47 on Friday. Wah Fu Education Group has a 1 year low of $1.36 and a 1 year high of $7.49. The firm’s 50-day moving average is $1.83 and its 200-day moving average is $1.78.

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.