Classover Holdings, Inc. (NASDAQ:KIDZ) Short Interest Up 85.0% in May

Classover Holdings, Inc. (NASDAQ:KIDZ) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 305,635 shares, a growth of 85.0% from the May 14th total of 165,177 shares. Approximately 3.9% of the company’s shares are short sold. Based on an average daily volume of 22,263,034 shares, the short-interest ratio is currently 0.0 days.

Classover Price Performance

Shares of KIDZ stock opened at $1.42 on Wednesday. The firm has a market cap of $1.12 million, a P/E ratio of -0.19 and a beta of -0.84. Classover has a fifty-two week low of $1.37 and a fifty-two week high of $2,075.00. The business’s 50 day moving average price is $9.33 and its 200-day moving average price is $57.47. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.94 and a current ratio of 0.94.

Classover (NASDAQ:KIDZ) last issued its quarterly earnings data on Friday, May 15th. The company reported ($3,656,370.00) earnings per share for the quarter. The business had revenue of $0.52 million during the quarter. Classover had a negative return on equity of 281.13% and a negative net margin of 356.34%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on KIDZ. Wall Street Zen cut Classover from a “hold” rating to a “strong sell” rating in a research note on Saturday, April 11th. Weiss Ratings raised Classover from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Classover currently has an average rating of “Sell”.

Institutional Investors Weigh In On Classover

An institutional investor recently bought a new position in Classover stock. Sandia Investment Management LP purchased a new stake in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned approximately 0.38% of Classover as of its most recent SEC filing. Hedge funds and other institutional investors own 74.70% of the company’s stock.

Classover Company Profile

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.