Short Interest in American Public Education, Inc. (NASDAQ:APEI) Increases By 7.0%

American Public Education, Inc. (NASDAQ:APEI) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 756,200 shares, a growth of 7.0% from the November 30th total of 706,700 shares. Currently, 4.5% of the shares of the stock are sold short. Based on an average daily volume of 120,900 shares, the short-interest ratio is currently 6.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp bought a new position in American Public Education in the 2nd quarter valued at $880,000. Panagora Asset Management Inc. bought a new position in American Public Education in the second quarter valued at about $476,000. Ritholtz Wealth Management increased its position in American Public Education by 97.9% in the second quarter. Ritholtz Wealth Management now owns 20,381 shares of the company’s stock worth $358,000 after purchasing an additional 10,081 shares during the period. Rhumbline Advisers raised its holdings in American Public Education by 4,483.4% during the 2nd quarter. Rhumbline Advisers now owns 22,046 shares of the company’s stock worth $388,000 after purchasing an additional 21,565 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its position in American Public Education by 121.3% during the 2nd quarter. Acadian Asset Management LLC now owns 194,365 shares of the company’s stock valued at $3,414,000 after purchasing an additional 106,535 shares during the period. Institutional investors own 79.62% of the company’s stock.

American Public Education Trading Down 0.5 %

Shares of NASDAQ APEI opened at $21.57 on Thursday. American Public Education has a 1-year low of $9.65 and a 1-year high of $23.84. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average of $19.52 and a two-hundred day moving average of $17.20. The company has a market cap of $382.05 million, a PE ratio of 38.52, a P/E/G ratio of 3.11 and a beta of 1.31.

Analyst Upgrades and Downgrades

APEI has been the topic of a number of recent analyst reports. Truist Financial boosted their price target on shares of American Public Education from $15.00 to $20.00 and gave the company a “hold” rating in a research report on Thursday, November 14th. StockNews.com upgraded American Public Education from a “hold” rating to a “buy” rating in a research report on Thursday. Barrington Research lifted their price objective on American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Finally, B. Riley boosted their price objective on American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th.

About American Public Education

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.