Sunlands Technology Group Sponsored ADR (NYSE:STG) Short Interest Up 68.9% in July

Key Points

• Sunlands Technology Group (NYSE:STG) experienced a significant increase in short interest, rising by 68.9% in July, bringing the total to 27,200 shares.
• The stock opened at $8.89 and has a market capitalization of $120.13 million, with a PE ratio of 2.85.
• In its most recent earnings report, Sunlands reported $0.77 EPS for the quarter, alongside a net margin of 15.61% and a return on equity of 53.39%.

Sunlands Technology Group Sponsored ADR (NYSE:STG - Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 27,200 shares, anincreaseof68.9% from the June 30th total of 16,100 shares. Currently,0.6% of the shares of the company are sold short. Based on an average daily volume of 21,300 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily volume of 21,300 shares, the days-to-cover ratio is presently 1.3 days. Currently,0.6% of the shares of the company are sold short.

Sunlands Technology Group Trading Down 2.4%

STG stock traded down $0.23 during midday trading on Friday, hitting $9.19. The stock had a trading volume of 379 shares, compared to its average volume of 59,990. The firm has a market capitalization of $124.26 million, a price-to-earnings ratio of 2.95 and a beta of 0.50. Sunlands Technology Group has a 52 week low of $4.25 and a 52 week high of $15.00. The stock has a 50-day simple moving average of $7.75 and a 200 day simple moving average of $6.41.

Sunlands Technology Group (NYSE:STG - Get Free Report) last issued its earnings results on Thursday, May 22nd. The company reported $0.77 EPS for the quarter. The firm had revenue of $67.20 million during the quarter. Sunlands Technology Group had a return on equity of 53.39% and a net margin of 15.61%.

About Sunlands Technology Group

Sunlands Technology Group, through its subsidiaries, provides online education services through online and mobile platforms in the People's Republic of China. It 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.