Sunlands Online Education Group – (NYSE:STG) Short Interest Update

Sunlands Online Education Group – (NYSE:STG) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 194,300 shares, a drop of 30.3% from the August 15th total of 278,600 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 95,900 shares, the days-to-cover ratio is currently 2.0 days.

Shares of STG stock opened at $1.76 on Thursday. The business’s 50 day moving average is $1.78 and its two-hundred day moving average is $1.69. Sunlands Online Education Group has a twelve month low of $0.68 and a twelve month high of $3.01. The company has a market capitalization of $190.48 million, a P/E ratio of -4.51 and a beta of 2.53.

About Sunlands Online Education Group

Sunlands Technology Group, through its subsidiaries, provides online education services in the People's Republic of China. The company offers various degree- and diploma-oriented post-secondary courses, including preparation courses for the self-taught higher education examination (STE) for learners pursuing associate diplomas or bachelor's degrees, as well as for the entrance examinations of master of business administration programs.

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