Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Sees Large Increase in Short Interest

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 10,700 shares, an increase of 87.7% from the August 15th total of 5,700 shares. Based on an average daily volume of 5,300 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.4% of the shares of the company are short sold.

Ambow Education Price Performance

Ambow Education stock traded up $0.07 during midday trading on Friday, reaching $1.27. The company’s stock had a trading volume of 6,242 shares, compared to its average volume of 67,051. Ambow Education has a fifty-two week low of $1.02 and a fifty-two week high of $6.30.

About Ambow Education

Ambow Education Holding Ltd., a technology-driven educational company, provides hybrid online and offline learning, and content development in the higher education and workforce training industries in the United States. The company operates HybriU platform, a hybrid education delivery and content development platform.