Sunlands Technology Group Sponsored ADR (NYSE:STG) Stock Short Interest Climbs 63.3%

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

Analyst Ratings Changes

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 analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Sunlands Technology Group Price Performance

Shares of NYSE STG traded down $0.07 during mid-day trading on Wednesday, reaching $2.85. 5,698 shares of the company traded hands, compared to its average volume of 164,873. Sunlands Technology Group has a fifty-two week low of $2.43 and a fifty-two week high of $8.53. The firm has a market cap of $38.12 million, a PE ratio of 0.82 and a beta of 1.35. The stock has a fifty day simple moving average of $3.13 and a 200-day simple moving average of $3.44.

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.