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

Wah Fu Education Group Limited (NASDAQ:WAFU) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 26,200 shares, a drop of 34.5% from the November 30th total of 40,000 shares. Currently, 2.2% of the shares of the company are sold short. Based on an average trading volume of 88,000 shares, the short-interest ratio is currently 0.3 days.

Wah Fu Education Group Stock Performance

Shares of WAFU stock opened at $1.73 on Friday. The business has a 50 day moving average of $1.67 and a two-hundred day moving average of $1.81. Wah Fu Education Group has a 52 week low of $1.46 and a 52 week 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.