Short Interest in American Public Education, Inc. (NASDAQ:APEI) Expands By 25.7%

American Public Education, Inc. (NASDAQ:APEIGet Rating) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 401,400 shares, an increase of 25.7% from the August 15th total of 319,300 shares. Currently, 2.3% of the company’s stock are sold short. Based on an average daily trading volume, of 87,200 shares, the days-to-cover ratio is currently 4.6 days.

Analyst Upgrades and Downgrades

APEI has been the subject of a number of research reports. Truist Financial decreased their target price on American Public Education from $21.00 to $16.00 and set a “buy” rating for the company in a research note on Thursday, August 11th. TheStreet downgraded American Public Education from a “c” rating to a “d” rating in a research note on Wednesday, August 10th. StockNews.com downgraded American Public Education from a “buy” rating to a “hold” rating in a research note on Thursday, August 11th. Finally, Barrington Research decreased their target price on American Public Education from $20.00 to $15.00 and set an “outperform” rating for the company in a research note on Thursday, August 11th.

Hedge Funds Weigh In On American Public Education

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Systematic Financial Management LP boosted its position in shares of American Public Education by 11.1% during the first quarter. Systematic Financial Management LP now owns 1,094,679 shares of the company’s stock worth $23,251,000 after buying an additional 109,360 shares during the period. 325 Capital LLC raised its holdings in American Public Education by 61.1% during the first quarter. 325 Capital LLC now owns 938,528 shares of the company’s stock worth $19,934,000 after purchasing an additional 355,861 shares in the last quarter. Royce & Associates LP raised its holdings in American Public Education by 2.6% during the first quarter. Royce & Associates LP now owns 762,245 shares of the company’s stock worth $16,190,000 after purchasing an additional 19,306 shares in the last quarter. State Street Corp raised its holdings in American Public Education by 1.8% during the second quarter. State Street Corp now owns 668,838 shares of the company’s stock worth $10,808,000 after purchasing an additional 11,869 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in American Public Education by 6.4% during the first quarter. Bank of America Corp DE now owns 417,046 shares of the company’s stock worth $8,858,000 after purchasing an additional 24,927 shares in the last quarter. 96.69% of the stock is currently owned by institutional investors and hedge funds.

American Public Education Stock Performance

Shares of APEI stock opened at $8.15 on Friday. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 0.47. The business has a 50 day moving average of $12.78 and a two-hundred day moving average of $16.28. The company has a market cap of $153.87 million, a P/E ratio of -1.61 and a beta of 0.57. American Public Education has a 52 week low of $8.03 and a 52 week high of $26.94.

American Public Education (NASDAQ:APEIGet Rating) last issued its quarterly earnings data on Tuesday, August 9th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $1.78. American Public Education had a positive return on equity of 2.66% and a negative net margin of 17.17%. During the same quarter in the prior year, the firm earned $0.03 earnings per share. As a group, analysts anticipate that American Public Education will post -0.33 EPS for the current year.

American Public Education Company Profile

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American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. It offers 130 degree programs and 111 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.

Further Reading

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