Short Interest in Bright Scholar Education Holdings Limited (NYSE:BEDU) Decreases By 58.8%

Bright Scholar Education Holdings Limited (NYSE:BEDU) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 2,100 shares, a decline of 58.8% from the August 15th total of 5,100 shares. Based on an average trading volume of 4,900 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Bright Scholar Education Price Performance

Shares of Bright Scholar Education stock opened at $1.80 on Friday. Bright Scholar Education has a 1 year low of $0.96 and a 1 year high of $3.23. The firm has a market cap of $53.51 million, a PE ratio of -1.16 and a beta of 0.45. The company has a 50 day simple moving average of $1.97 and a two-hundred day simple moving average of $2.02.

Bright Scholar Education (NYSE:BEDU) last announced its quarterly earnings data on Friday, August 2nd. The company reported $0.20 earnings per share for the quarter. The firm had revenue of $76.51 million during the quarter. Bright Scholar Education had a negative net margin of 15.84% and a negative return on equity of 0.34%.

Bright Scholar Education Company Profile

Bright Scholar Education Holdings Limited, an education service provider, operates and provides K-12 schools and complementary education services in China, Hong Kong, Canada, the United States, and the United Kingdom. The company operates in three segments: Overseas Schools; Complementary Education Services; and Domestic Kindergartens and K-12 Operation Services.