American Public Education, Inc. (NASDAQ:APEI) Short Interest Update

American Public Education, Inc. (NASDAQ:APEI - Get Free Report) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 697,600 shares, a drop of 7.7% from the December 15th total of 756,200 shares. Based on an average daily volume of 118,100 shares, the days-to-cover ratio is presently 5.9 days. Currently, 4.1% of the company's stock are short sold.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. StockNews.com upgraded shares of American Public Education from a "hold" rating to a "buy" rating in a report on Thursday, January 2nd. Barrington Research upped their target price on shares of American Public Education from $18.00 to $24.00 and gave the stock an "outperform" rating in a report on Wednesday, November 13th. Truist Financial lifted their price target on American Public Education from $15.00 to $20.00 and gave the company a "hold" rating in a research note on Thursday, November 14th. Finally, B. Riley increased their price objective on American Public Education from $22.00 to $25.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th.

Institutional Investors Weigh In On American Public Education

Several institutional investors and hedge funds have recently added to or reduced their stakes in APEI. Bank of New York Mellon Corp bought a new position in American Public Education in the 2nd quarter valued at $880,000. Rhumbline Advisers grew its position in American Public Education by 4,483.4% during the second quarter. Rhumbline Advisers now owns 22,046 shares of the company's stock valued at $388,000 after buying an additional 21,565 shares during the period. American Century Companies Inc. grew its position in American Public Education by 43.6% during the second quarter. American Century Companies Inc. now owns 351,644 shares of the company's stock valued at $6,182,000 after buying an additional 106,689 shares during the period. Dimensional Fund Advisors LP increased its holdings in American Public Education by 7.8% during the second quarter. Dimensional Fund Advisors LP now owns 592,213 shares of the company's stock worth $10,411,000 after buying an additional 42,984 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in American Public Education by 14.5% in the second quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company's stock worth $17,651,000 after acquiring an additional 127,000 shares during the period. Hedge funds and other institutional investors own 79.62% of the company's stock.

American Public Education Stock Up 0.3 %

Shares of APEI stock traded up $0.06 on Friday, hitting $21.51. The stock had a trading volume of 76,247 shares, compared to its average volume of 113,044. American Public Education has a 12-month low of $10.15 and a 12-month high of $23.84. The stock has a market cap of $380.94 million, a price-to-earnings ratio of 38.41, a price-to-earnings-growth ratio of 0.96 and a beta of 1.29. The business has a 50 day moving average of $20.73 and a 200 day moving average of $17.55. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.65.

About American Public Education

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.