Short Interest in Sunlands Technology Group Sponsored ADR (NYSE:STG) Drops By 40.4%

Sunlands Technology Group Sponsored ADR (NYSE:STG) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 2,213 shares, a drop of 40.4% from the December 31st total of 3,715 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,362 shares, the short-interest ratio is currently 1.6 days. Based on an average daily volume of 1,362 shares, the short-interest ratio is currently 1.6 days. Approximately 0.0% of the shares of the company are short sold.

Sunlands Technology Group Trading Down 1.4%

Shares of STG stock traded down $0.07 during trading hours on Friday, reaching $4.98. The stock had a trading volume of 3,882 shares, compared to its average volume of 1,901. The stock’s fifty day simple moving average is $5.71 and its 200 day simple moving average is $7.38. The firm has a market capitalization of $66.88 million, a PE ratio of 1.25 and a beta of 0.87. Sunlands Technology Group has a 12 month low of $4.28 and a 12 month high of $15.00.

Sunlands Technology Group (NYSE:STG) last posted its earnings results on Thursday, November 20th. The company reported $1.31 earnings per share (EPS) for the quarter. The business had revenue of $73.47 million for the quarter. Sunlands Technology Group had a net margin of 18.99% and a return on equity of 52.03%.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Sunlands Technology Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

About Sunlands Technology Group

Sunlands Technology Group (NYSE: STG) is a provider of online education services in China, specializing in live and on-demand classes for students across a range of age groups and exam preparations. Through its digital platform, the company delivers interactive lessons, practice exercises and progress tracking to support K-12 after-school courses, national college entrance exam (Gaokao) prep and professional qualification tests.

The company’s offerings include live streaming lectures led by qualified instructors, recorded course content, AI-driven diagnostic tools and personalized study plans.