Educational Development Co. (NASDAQ:EDUC) Short Interest Up 13.9% in May

Educational Development Co. (NASDAQ:EDUC) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 26,300 shares, an increase of 13.9% from the May 15th total of 23,100 shares. Based on an average trading volume of 26,900 shares, the short-interest ratio is currently 1.0 days. Currently, 0.4% of the company’s shares are short sold.

Educational Development Stock Up 3.3 %

Shares of Educational Development stock traded up $0.07 during trading on Friday, reaching $2.06. The stock had a trading volume of 17,350 shares, compared to its average volume of 10,225. The company has a market capitalization of $17.63 million, a price-to-earnings ratio of 29.36 and a beta of 1.04. The stock has a fifty day moving average price of $2.07 and a two-hundred day moving average price of $1.74. Educational Development has a 52 week low of $0.80 and a 52 week high of $2.95. The company has a current ratio of 3.88, a quick ratio of 1.30 and a debt-to-equity ratio of 0.59.

Educational Development (NASDAQ:EDUC) last issued its quarterly earnings results on Tuesday, May 21st. The company reported ($0.19) EPS for the quarter. The firm had revenue of $8.97 million during the quarter. Educational Development had a net margin of 1.07% and a return on equity of 1.20%.

Institutional Trading of Educational Development

An institutional investor recently bought a new position in Educational Development stock. Ridgewood Investments LLC bought a new stake in Educational Development Co. (NASDAQ:EDUC) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 23,600 shares of the company’s stock, valued at approximately $49,000. Ridgewood Investments LLC owned about 0.28% of Educational Development as of its most recent filing with the Securities and Exchange Commission (SEC). 19.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Educational Development in a report on Tuesday, June 11th. They issued a “strong-buy” rating on the stock.

Educational Development Company Profile

Educational Development Corporation, a publishing company, operates as a publisher of educational children's books in the United States. It operates through two segments, PaperPie and Publishing. The company offers various books, including touchy-feely board books, activity books and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as internet-linked books comprising science and math titles, and chapter books and novels.