Sunlands Technology Group Sponsored ADR (NYSE:STG) Short Interest Update

Sunlands Technology Group Sponsored ADR (NYSE:STG) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 26,889 shares, a growth of 63.3% from the August 31st total of 16,470 shares. Based on an average daily trading volume, of 8,213 shares, the days-to-cover ratio is presently 3.3 days. Approximately 0.5% of the company’s stock are short sold.

Sunlands Technology Group Stock Down 1.2%

STG stock opened at $2.85 on Friday. The business has a 50 day moving average price of $3.09 and a 200 day moving average price of $3.41. The stock has a market cap of $38.11 million, a price-to-earnings ratio of 0.82 and a beta of 1.28. Sunlands Technology Group has a fifty-two week low of $2.43 and a fifty-two week high of $8.53.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Sunlands Technology Group from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, September 3rd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Sunlands Technology Group Company Profile

Sunlands Technology Group, formerly known as Sunlands Online Education Group, is a China-based online education company. The company provides education and learning services primarily to adult students through digital platforms, supporting flexible access to courses and instructional content.

Sunlands’ offerings have included preparation programs for professional certification examinations, vocational and career-development courses, and other educational programs designed to help learners improve their professional knowledge and skills.