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

Sunlands Technology Group Sponsored ADR (NYSE:STG) was the recipient of a significant increase in short interest in the month of 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. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 8,213 shares, the days-to-cover ratio is currently 3.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded 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.com, the company has an average rating of “Sell”.

Sunlands Technology Group Price Performance

Shares of STG stock traded down $0.07 during trading hours on Wednesday, reaching $2.85. The stock had a trading volume of 5,698 shares, compared to its average volume of 164,873. Sunlands Technology Group has a twelve month low of $2.43 and a twelve month high of $8.53. The firm has a 50-day simple moving average of $3.13 and a 200-day simple moving average of $3.44. The firm has a market capitalization of $38.12 million, a PE ratio of 0.82 and a beta of 1.35.

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.