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51Talk Online Education Group (NYSE:COE) Sees Large Increase in Short Interest

51Talk Online Education Group logo with Consumer Discretionary background

51Talk Online Education Group (NYSE:COE - Get Free Report) saw a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 11,800 shares, an increase of 32.6% from the May 15th total of 8,900 shares. Approximately 0.3% of the company's stock are sold short. Based on an average daily volume of 11,400 shares, the short-interest ratio is currently 1.0 days.

51Talk Online Education Group Stock Performance

COE traded up $1.23 during midday trading on Tuesday, reaching $28.75. The company had a trading volume of 26,777 shares, compared to its average volume of 14,786. The stock has a market cap of $168.07 million, a PE ratio of -16.06 and a beta of -0.14. 51Talk Online Education Group has a 12-month low of $8.41 and a 12-month high of $31.96. The business has a 50-day moving average price of $19.58 and a two-hundred day moving average price of $19.38.

51Talk Online Education Group (NYSE:COE - Get Free Report) last released its earnings results on Monday, June 9th. The company reported ($0.25) earnings per share for the quarter. During the same quarter in the previous year, the firm posted ($0.69) EPS.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of 51Talk Online Education Group from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th.

Get Our Latest Research Report on 51Talk Online Education Group

51Talk Online Education Group Company Profile

(Get Free Report)

51Talk Online Education Group, through its subsidiaries, provides online English language education services to students in the People's Republic of China, the Philippines, and internationally. The company operates online and mobile education platforms that enable students to take live interactive English and Chinese lessons.

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