Numerous educational companies make up the schools industry group: Apollo Group, Corinthian Colleges, Devry and Strayer Education to name a few.

FORBES: Magazine Article

But in the case of Strayer Education ( STRA), this leveling off after the plunge should trigger another thought: are the shorts done yet?

FORBES: Beaten Up By Shorts, Strayer Looks Cheap

Strayer Education, a for-profit institution with online education and 87 campus locations that serves a 57, 000 student body, saw its stock drop 23% Monday.

FORBES: For-Profit College Stocks Plunge on Lower Enrollment

Strayer Education, Inc. ( NASD: STRA) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.

FORBES: Strayer Education (STRA) Passes Through 7% Yield Mark

In the case of Strayer Education, Inc.

FORBES: Strayer Education (STRA) Passes Through 7% Yield Mark

Strayer has been a target of short sellers since July, when the Department of Education first published a draft of potential rule changes that could make some for-profit colleges ineligible for government backed student loans and grants.

FORBES: Beaten Up By Shorts, Strayer Looks Cheap