Bright Scholar Education Holdings Limited (NYSE:BEDU) Sees Significant Growth in Short Interest

Bright Scholar Education Holdings Limited (NYSE:BEDU) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 2,900 shares, a growth of 38.1% from the August 31st total of 2,100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 5,000 shares, the short-interest ratio is currently 0.6 days.

Bright Scholar Education Trading Up 3.8 %

BEDU stock traded up $0.08 during trading on Friday, reaching $2.04. The stock had a trading volume of 2,191 shares, compared to its average volume of 8,706. The stock’s 50 day moving average is $1.96 and its two-hundred day moving average is $2.00. The firm has a market cap of $60.49 million, a PE ratio of -1.31 and a beta of 0.45. Bright Scholar Education has a 52 week low of $0.96 and a 52 week high of $3.23.

Bright Scholar Education (NYSE:BEDU) last issued its quarterly earnings results on Friday, August 2nd. The company reported $0.20 earnings per share for the quarter. The business had revenue of $76.51 million for the quarter. Bright Scholar Education had a negative net margin of 15.84% and a negative return on equity of 0.34%.

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.