Short Interest in OneSmart International Edun Gr Ltd – (NYSE:ONE) Decreases By 16.7%

OneSmart International Edun Gr Ltd – (NYSE:ONE) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 664,200 shares, a drop of 16.7% from the June 30th total of 797,800 shares. Based on an average daily trading volume, of 159,500 shares, the days-to-cover ratio is presently 4.2 days. Currently, 0.8% of the company’s stock are short sold.

Hedge funds and other institutional investors have recently modified their holdings of the company. Pictet Asset Management Ltd. acquired a new stake in shares of OneSmart International Edun Gr during the 2nd quarter worth about $223,000. Citadel Advisors LLC acquired a new position in OneSmart International Edun Gr during the second quarter worth approximately $138,000. Vanguard Group Inc. acquired a new position in OneSmart International Edun Gr during the second quarter worth approximately $177,000. Indus Capital Partners LLC increased its position in OneSmart International Edun Gr by 62.1% during the second quarter. Indus Capital Partners LLC now owns 1,474,575 shares of the business services provider’s stock worth $11,738,000 after buying an additional 564,999 shares during the period. Finally, BlackRock Inc. acquired a new position in OneSmart International Edun Gr during the second quarter worth approximately $10,820,000. 31.21% of the stock is currently owned by institutional investors and hedge funds.

Separately, Zacks Investment Research upgraded OneSmart International Edun Gr from a “sell” rating to a “hold” rating in a research note on Wednesday, July 3rd.



Shares of NYSE ONE traded up $0.04 during midday trading on Thursday, hitting $7.38. 234,629 shares of the company’s stock were exchanged, compared to its average volume of 153,594. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.82 and a quick ratio of 0.82. OneSmart International Edun Gr has a twelve month low of $6.71 and a twelve month high of $9.93. The company has a market cap of $1.27 billion, a PE ratio of -7.24 and a beta of 0.37. The firm’s fifty day simple moving average is $7.92 and its 200-day simple moving average is $8.13.

About OneSmart International Edun Gr

OneSmart International Education Group Limited provides tutoring services for kindergarten and primary, middle, and high schools (K12) in the People's Republic of China. The company offers young children services, including Chinese language and computer programming under the HappyMath brand; and English tutoring services focusing on early childhood under the brand FasTrack English brand.

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