EpicQuest Education Group International Limited (NASDAQ:EEIQ) Sees Large Increase in Short Interest

EpicQuest Education Group International Limited (NASDAQ:EEIQ) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 94,400 shares, a growth of 774.1% from the October 15th total of 10,800 shares. Based on an average trading volume of 70,200 shares, the days-to-cover ratio is presently 1.3 days. Approximately 2.0% of the shares of the stock are sold short.

EpicQuest Education Group International Price Performance

NASDAQ:EEIQ traded down $0.08 during midday trading on Wednesday, hitting $0.74. 1,239 shares of the company traded hands, compared to its average volume of 28,757. The firm’s fifty day moving average is $0.75 and its 200-day moving average is $0.85. EpicQuest Education Group International has a 12-month low of $0.60 and a 12-month high of $2.19. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.70 and a current ratio of 1.71.

About EpicQuest Education Group International

EpicQuest Education Group International Limited, through its subsidiaries, provides education solutions for students interested in college and university programs in the United States and internationally. The company offers English proficiency educational programming and transfer pathways for students pursuing academic degrees; and operates a career-training college.