Short Interest in Wah Fu Education Group Limited (NASDAQ:WAFU) Expands By 623.4%

Wah Fu Education Group Limited (NASDAQ:WAFU) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 55,700 shares, an increase of 623.4% from the October 15th total of 7,700 shares. Currently, 4.6% of the shares of the stock are sold short. Based on an average daily volume of 78,400 shares, the days-to-cover ratio is currently 0.7 days.

Wah Fu Education Group Stock Down 4.6 %

Wah Fu Education Group stock opened at $1.66 on Wednesday. Wah Fu Education Group has a fifty-two week low of $1.58 and a fifty-two week high of $2.85. The firm’s fifty day moving average price is $1.82 and its 200-day moving average price is $1.87.

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.