Short Interest in Bright Scholar Education Holdings Limited (NYSE:BEDU) Increases By 622.2%

Bright Scholar Education Holdings Limited (NYSE:BEDU - Get Free Report) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 6,500 shares, a growth of 622.2% from the December 31st total of 900 shares. Currently, 0.1% of the company's stock are sold short. Based on an average daily trading volume, of 9,500 shares, the days-to-cover ratio is presently 0.7 days.

Bright Scholar Education Trading Down 1.4 %

Shares of BEDU traded down $0.03 during midday trading on Friday, reaching $1.78. 176 shares of the stock were exchanged, compared to its average volume of 3,920. Bright Scholar Education has a 52 week low of $1.35 and a 52 week high of $3.23. The company's 50 day moving average is $1.78 and its two-hundred day moving average is $1.90. The company has a market capitalization of $52.77 million, a P/E ratio of -0.37 and a beta of 0.40.

Bright Scholar Education (NYSE:BEDU - Get Free Report) last posted its quarterly earnings results on Friday, January 24th. The company reported $0.16 earnings per share (EPS) for the quarter. Bright Scholar Education had a negative return on equity of 0.35% and a negative net margin of 55.92%.

Bright Scholar Education Company Profile

Bright Scholar Education Holdings Limited, an education service provider, operates and provides K-12 schools and complementary education services in China, Hong Kong, Canada, the United States, and the United Kingdom. The company operates in three segments: Overseas Schools; Complementary Education Services; and Domestic Kindergartens and K-12 Operation Services.