Short Interest in Classover Holdings, Inc. (NASDAQ:KIDZ) Declines By 98.5%

Classover Holdings, Inc. (NASDAQ:KIDZ) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 41,024 shares, a drop of 98.5% from the February 26th total of 2,753,583 shares. Currently, 4.3% of the company’s stock are short sold. Based on an average daily trading volume, of 1,977,793 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 1,977,793 shares, the short-interest ratio is currently 0.0 days. Currently, 4.3% of the company’s stock are short sold.

Classover Stock Performance

Shares of KIDZ stock traded down $0.19 during midday trading on Wednesday, hitting $2.03. The company had a trading volume of 38,230 shares, compared to its average volume of 699,246. The stock has a market cap of $2.49 million, a price-to-earnings ratio of -0.13 and a beta of -0.28. The company has a debt-to-equity ratio of 2.13, a current ratio of 1.37 and a quick ratio of 1.37. The company’s 50 day simple moving average is $6.22 and its 200 day simple moving average is $23.97. Classover has a 52-week low of $2.03 and a 52-week high of $532.50.

Wall Street Analyst Weigh In

A number of research firms have recently commented on KIDZ. Weiss Ratings reiterated a “sell (e+)” rating on shares of Classover in a research report on Monday, December 29th. Wall Street Zen upgraded Classover to a “hold” rating in a research note on Saturday, March 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Classover presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Classover

A hedge fund recently bought a new stake in Classover stock. Sandia Investment Management LP bought a new position in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned 0.38% of Classover at the end of the most recent quarter. 74.70% of the stock is owned by hedge funds and other institutional investors.

About Classover

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.