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

Wah Fu Education Group Limited (NASDAQ:WAFU) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 18,000 shares, a decline of 86.5% from the February 28th total of 133,200 shares. Based on an average trading volume of 2,300,000 shares, the short-interest ratio is currently 0.0 days. Currently, 1.5% of the shares of the stock are sold short.

Wah Fu Education Group Price Performance

WAFU opened at $1.64 on Friday. The company’s 50 day simple moving average is $1.82 and its 200-day simple moving average is $1.77. Wah Fu Education Group has a one year low of $1.36 and a one year high of $7.49.

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.