Sunlands Technology Group Sponsored ADR (NYSE:STG) Sees Large Growth in Short Interest

Sunlands Technology Group Sponsored ADR (NYSE:STG) saw a significant growth in short interest in April. As of April 15th, there was short interest totaling 1,881 shares, a growth of 93.7% from the March 31st total of 971 shares. Based on an average daily volume of 1,103 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered Sunlands Technology Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Sunlands Technology Group Stock Performance

STG traded down $0.17 during midday trading on Friday, hitting $3.37. The stock had a trading volume of 105 shares, compared to its average volume of 1,875. The company has a market cap of $45.14 million, a P/E ratio of 0.89 and a beta of 1.03. The business has a fifty day moving average of $4.09 and a 200 day moving average of $5.27. Sunlands Technology Group has a 1 year low of $3.21 and a 1 year high of $15.00.

Sunlands Technology Group (NYSE:STG) last issued its earnings results on Friday, March 20th. The company reported $0.41 earnings per share (EPS) for the quarter. The business had revenue of $67.20 million during the quarter. Sunlands Technology Group had a return on equity of 44.02% and a net margin of 18.06%.

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.