Legacy Education Inc. (NYSEAMERICAN:LGCY) Short Interest Up 48.7% in September

Key Points

• Legacy Education Inc. (NYSEAMERICAN:LGCY) experienced a significant increase in short interest, rising 48.7% in September to a total of 127,600 shares.
• The company's stock price fell 5.4% to $9.70, with a market capitalization of $121.83 million and a PE ratio of 15.90.
• Legacy Education operates several career institutions, focusing on practical training for various job markets, including High Desert Medical College and Central Coast College.

Legacy Education Inc. (NYSEAMERICAN:LGCY - ) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 127,600 shares, a growth of 48.7% from the August 31st total of 85,800 shares. Based on an average daily trading volume, of 88,500 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.5% of the company's shares are sold short. Approximately 1.5% of the company's shares are sold short. Based on an average daily trading volume, of 88,500 shares, the days-to-cover ratio is currently 1.4 days.

Legacy Education Trading Down 5.4%

LGCY stock traded down $0.55 during mid-day trading on Tuesday, reaching $9.70. The company had a trading volume of 93,554 shares, compared to its average volume of 80,402. The company has a market capitalization of $121.83 million and a PE ratio of 15.90. The firm has a 50 day moving average of $11.70 and a 200 day moving average of $9.46. Legacy Education has a 12 month low of $4.74 and a 12 month high of $13.89. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.69 and a quick ratio of 2.69.

About Legacy Education

The Company owns and operates the following career institutions that focus on real-life training by utilizing educational practices in different job markets: High Desert Medical College (“HDMC”), Central Coast College (“CCC”), and Integrity College of Health (“Integrity”). HDMC has three campuses located in Lancaster, California, Bakersfield, California and Temecula, California.

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