Bright Scholar Education Holdings Limited (NYSE:BEDU) Sees Large Increase in Short Interest

Bright Scholar Education Holdings Limited (NYSE:BEDU) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 4,000 shares, a growth of 122.2% from the March 31st total of 1,800 shares. Based on an average daily volume of 13,800 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Bright Scholar Education Stock Down 2.6 %

Shares of NYSE:BEDU traded down $0.05 during trading on Friday, hitting $1.90. 13,176 shares of the company traded hands, compared to its average volume of 12,438. The stock has a market capitalization of $56.49 million, a price-to-earnings ratio of -1.23 and a beta of 0.53. Bright Scholar Education has a one year low of $0.81 and a one year high of $3.23. The business’s fifty day moving average is $2.02 and its 200-day moving average is $1.55.

Bright Scholar Education (NYSE:BEDU) last issued its quarterly earnings data on Friday, April 19th. The company reported $0.03 EPS for the quarter. Bright Scholar Education had a negative return on equity of 5.22% and a negative net margin of 14.33%. The firm had revenue of $72.45 million during the quarter.

Analyst Ratings Changes

Separately, TheStreet lowered shares of Bright Scholar Education from a “c-” rating to a “d-” rating in a report on Monday, February 5th.

About Bright Scholar Education

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.