The for-profit education industry is becoming a contrarian hotbed after the Department of Education's initial round of rule-making for the industry was not as strict as many investors had anticipated.
Career Education Corp. (NASDAQ:CECO) was in 11 hedge funds' portfolio at the end of December. CECO shareholders have witnessed a decrease in hedge fund sentiment of late.
In the financial world, there are tons of gauges investors can use to watch their holdings. A pair of the most innovative are hedge fund and insider trading interest.
As if this was not enough, the government is following up with its pending reforms, aimed at tackling high student loan balances, with increased vigor.
DeVry Inc. (NYSE:DV) was up over 16% earlier this month on better than expected quarterly earnings. The for-profit education company has seen its stock soar over 55% the last six months.