Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO – Get Rating) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 1,200 shares, a drop of 63.6% from the April 30th total of 3,300 shares. Based on an average daily trading volume, of 221,000 shares, the days-to-cover ratio is presently 0.0 days.
Shares of AMBO traded up $0.03 on Friday, reaching $0.60. The stock had a trading volume of 93,964 shares, compared to its average volume of 177,515. Ambow Education has a 12-month low of $0.41 and a 12-month high of $2.75.
An institutional investor recently bought a new position in Ambow Education stock. Susquehanna International Group LLP acquired a new stake in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO – Get Rating) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 149,165 shares of the company’s stock, valued at approximately $138,000. Susquehanna International Group LLP owned approximately 0.64% of Ambow Education as of its most recent SEC filing. Institutional investors and hedge funds own 1.34% of the company’s stock.
Ambow Education Holding Ltd. provides a range of educational and career enhancement services and products to students, recent graduates, and corporate employees and management professionals in the People's Republic of China. The company operates through two segments, K-12 Schools and CP&CE Programs.
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