Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Down 49.2% in January

Wah Fu Education Group Limited (NASDAQ:WAFU) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 47,400 shares, a decrease of 49.2% from the December 31st total of 93,300 shares. Based on an average daily trading volume, of 194,400 shares, the short-interest ratio is currently 0.2 days. Currently, 3.9% of the shares of the stock are sold short.

Wah Fu Education Group Price Performance

Shares of WAFU traded up $0.10 during mid-day trading on Friday, hitting $1.84. 135,715 shares of the company traded hands, compared to its average volume of 41,344. The business has a 50-day moving average of $1.68 and a 200 day moving average of $1.77. Wah Fu Education Group has a one year low of $1.46 and a one year high of $2.85.

Wah Fu Education Group Company Profile

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.