Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Down 34.5% in December

Wah Fu Education Group Limited (NASDAQ:WAFU) saw 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. Based on an average trading volume of 88,000 shares, the days-to-cover ratio is presently 0.3 days. Currently, 2.2% of the company’s shares are short sold.

Wah Fu Education Group Stock Performance

WAFU stock opened at $1.65 on Monday. The company’s fifty day simple moving average is $1.67 and its 200 day simple moving average is $1.80. Wah Fu Education Group has a 12-month low of $1.46 and a 12-month 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.