What’s in Educational Development Corporation (NASDAQ:EDUC) After Decline in Shorted Shares?

April 26, 2018 - By Michael Collier

Investors sentiment increased to 1.25 in 2017 Q4. Its up 0.25, from 1 in 2017Q3. It improved, as 2 investors sold Educational Development Corporation shares while 2 reduced holdings. 3 funds opened positions while 2 raised stakes. 317,217 shares or 13.73% more from 278,931 shares in 2017Q3 were reported.
The Missouri-based Kennedy Capital Management has invested 0.01% in Educational Development Corporation (NASDAQ:EDUC). Morgan Stanley owns 11,770 shares. Dimensional Fund Advsrs Lp holds 0% of its portfolio in Educational Development Corporation (NASDAQ:EDUC) for 93,234 shares. Vanguard Group Incorporated has invested 0% in Educational Development Corporation (NASDAQ:EDUC). Acadian Asset Mgmt Lc invested in 239 shares or 0% of the stock. First Wilshire Securities Management owns 0.2% invested in Educational Development Corporation (NASDAQ:EDUC) for 38,292 shares. Fifth Third National Bank, Ohio-based fund reported 337 shares. Bridgeway Capital Mgmt holds 0.01% of its portfolio in Educational Development Corporation (NASDAQ:EDUC) for 61,400 shares. Deutsche National Bank Ag reported 776 shares. Geode Ltd reported 0% in Educational Development Corporation (NASDAQ:EDUC). Blackrock Inc holds 10,114 shares. Northern Tru holds 0% in Educational Development Corporation (NASDAQ:EDUC) or 10,341 shares.

Since March 1, 2018, it had 0 insider purchases, and 3 insider sales for $33,519 activity. 600 shares were sold by White Craig M, worth $11,430.

The stock of Educational Development Corporation (NASDAQ:EDUC) registered a decrease of 11.22% in short interest. EDUC’s total short interest was 72,000 shares in April as published by FINRA. Its down 11.22% from 81,100 shares, reported previously. With 45,100 shares average volume, it will take short sellers 2 days to cover their EDUC’s short positions. The short interest to Educational Development Corporation’s float is 2.56%.

The stock increased 1.01% or $0.25 during the last trading session, reaching $25. About 16,504 shares traded. Educational Development Corporation (NASDAQ:EDUC) has risen 203.55% since April 26, 2017 and is uptrending. It has outperformed by 192.00% the S&P500.

Educational Development Corporation, a publishing company, operates as a trade co-publisher of the line of educational childrenÂ’s books in the United States. The company has market cap of $102.22 million. The firm offers various books, including Touchy-Feely board books, activity and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as science and math titles, and chapter books and novels. It has a 20.33 P/E ratio. It operates through two divisions, Home Business and Publishing.

Educational Development Corporation (NASDAQ:EDUC) Institutional Positions Chart

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