Wah Fu Education Group Limited (NASDAQ:WAFU) Sees Significant Decrease in Short Interest

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

Wah Fu Education Group Price Performance

WAFU opened at $1.73 on Friday. Wah Fu Education Group has a 12-month low of $1.46 and a 12-month high of $2.85. The company’s 50 day moving average is $1.67 and its 200 day moving average is $1.81.

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.