Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) Stock Short Interest Drops 37.3%

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 5,292 shares, a decline of 37.3% from the August 31st total of 8,441 shares. Based on an average daily volume of 1,771 shares, the days-to-cover ratio is currently 3.0 days. Approximately 0.2% of the shares of the company are sold short.

Ambow Education Stock Performance

Shares of Ambow Education stock opened at $1.83 on Friday. The company has a quick ratio of 2.34, a current ratio of 2.44 and a debt-to-equity ratio of 0.31. The stock has a 50 day moving average price of $2.05 and a two-hundred day moving average price of $2.23. Ambow Education has a 12-month low of $1.47 and a 12-month high of $6.75.

Ambow Education (NYSEAMERICAN:AMBO) last released its quarterly earnings results on Friday, August 14th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $2.39 million for the quarter.

About Ambow Education

Ambow Education Holding Ltd. is an education services company that provides career-oriented learning and technology-enabled education programs. Its offerings have included postsecondary education, vocational and professional training, online learning, blended-learning solutions, and services designed to help students develop academic and workplace skills.

Founded in China, Ambow has historically served students through education and training operations in China and the United States. The company has operated or supported postsecondary institutions and career-training programs, with an emphasis on applied education, technology, and workforce preparation.