Bright Scholar Education Holdings Limited (NYSE:BEDU) Short Interest Up 363.6% in August

Bright Scholar Education Holdings Limited (NYSE:BEDU) was the recipient of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 5,100 shares, an increase of 363.6% from the July 31st total of 1,100 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 5,100 shares, the short-interest ratio is currently 1.0 days.

Bright Scholar Education Price Performance

Bright Scholar Education stock traded down $0.02 during mid-day trading on Tuesday, reaching $2.05. 326 shares of the company were exchanged, compared to its average volume of 9,194. The company has a fifty day simple moving average of $2.02 and a 200-day simple moving average of $2.01. The firm has a market cap of $60.84 million, a PE ratio of -1.32 and a beta of 0.45. Bright Scholar Education has a 12 month low of $0.90 and a 12 month high of $3.23.

Bright Scholar Education (NYSE:BEDU) last issued its earnings results on Friday, August 2nd. The company reported $0.20 earnings per share for the quarter. The firm had revenue of $76.51 million for the quarter. Bright Scholar Education had a negative return on equity of 5.22% and a negative net margin of 14.33%.

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.