Sunlands Technology Group Sponsored ADR (NYSE:STG) Short Interest Down 35.4% in June

Sunlands Technology Group Sponsored ADR (NYSE:STG) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 25,024 shares, a drop of 35.4% from the June 15th total of 38,726 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 80,445 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Sunlands Technology Group in a report on Tuesday, July 7th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Sunlands Technology Group Stock Down 1.8%

Shares of STG traded down $0.07 during trading hours on Friday, reaching $3.67. 693 shares of the company traded hands, compared to its average volume of 221,690. Sunlands Technology Group has a 12 month low of $2.43 and a 12 month high of $13.31. The company’s fifty day moving average price is $3.51 and its two-hundred day moving average price is $4.17. The company has a market capitalization of $49.15 million, a price-to-earnings ratio of 0.95 and a beta of 1.28.

Sunlands Technology Group Company Profile

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.