Short Interest in Bright Scholar Education (NYSE:BEDU) Rises By 39.3%

Key Points

• Short interest in Bright Scholar Education increased by 39.3% in July, from 5,600 shares to 7,800 shares, representing 0.1% of the company's total shares sold short.
• The company's stock price fell 1.7% to $1.71, with a market capitalization of approximately $50.84 million and a twelve-month trading range between $1.35 and $2.19.
• Bright Scholar Education operates K-12 schools and educational services primarily in China, Hong Kong, Canada, the United States, and the United Kingdom.

Bright Scholar Education (NYSE:BEDU - Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 7,800 shares, agrowthof39.3% from the July 15th total of 5,600 shares. Based on an average daily trading volume, of 4,400 shares, the short-interest ratio is currently 1.8 days. Currently,0.1% of the company's shares are sold short. Currently,0.1% of the company's shares are sold short. Based on an average daily trading volume, of 4,400 shares, the short-interest ratio is currently 1.8 days.

Bright Scholar Education Trading Up 0.3%

Shares of BEDU stock traded up $0.0050 on Monday, hitting $1.74. The stock had a trading volume of 11,038 shares, compared to its average volume of 1,227. Bright Scholar Education has a twelve month low of $1.35 and a twelve month high of $2.19. The firm has a market cap of $51.72 million, a P/E ratio of -0.37 and a beta of 0.38. The company has a fifty day moving average price of $1.78 and a two-hundred day moving average price of $1.70.

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.