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

Wah Fu Education Group Limited (NASDAQ:WAFU) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 1,200 shares, a decrease of 66.7% from the March 15th total of 3,600 shares. Based on an average daily volume of 121,800 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are short sold.

Wah Fu Education Group Stock Performance

Shares of NASDAQ:WAFU opened at $2.00 on Thursday. The company’s 50 day moving average price is $1.95 and its two-hundred day moving average price is $1.96. Wah Fu Education Group has a 12-month low of $1.58 and a 12-month high of $4.88.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Wah Fu Education Group stock. Renaissance Technologies LLC purchased a new position in shares of Wah Fu Education Group Limited (NASDAQ:WAFU) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 14,700 shares of the company’s stock, valued at approximately $33,000. Renaissance Technologies LLC owned approximately 0.33% of Wah Fu Education Group at the end of the most recent quarter.

About Wah Fu Education Group

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.