Bright Scholar Education (NYSE:BEDU) Short Interest Up 39.3% in July

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 - ) was the recipient of a large growth in short interest during 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. Currently,0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is currently 1.8 days. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is currently 1.8 days. Currently,0.1% of the shares of the company are sold short.

Bright Scholar Education Trading Down 1.7%

BEDU traded down $0.03 during midday trading on Wednesday, reaching $1.71. The company's stock had a trading volume of 1,141 shares, compared to its average volume of 868. The stock has a market cap of $50.84 million, a P/E ratio of -0.36 and a beta of 0.38. The company has a fifty day simple moving average of $1.78 and a 200 day simple moving average of $1.70. Bright Scholar Education has a twelve month low of $1.35 and a twelve month high of $2.19.

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.

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