Sunlands Technology Group (NYSE:STG) Short Interest Down 14.5% in February

Sunlands Technology Group (NYSE:STG) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 29,500 shares, a drop of 14.5% from the February 13th total of 34,500 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 7,300 shares, the short-interest ratio is presently 4.0 days.

Sunlands Technology Group Price Performance

Shares of STG traded down $0.02 during midday trading on Thursday, hitting $5.57. The company’s stock had a trading volume of 9,268 shares, compared to its average volume of 14,566. Sunlands Technology Group has a one year low of $4.25 and a one year high of $11.06. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $76.47 million, a price-to-earnings ratio of 1.24 and a beta of 1.05. The company’s fifty day simple moving average is $6.23 and its two-hundred day simple moving average is $6.46.

Sunlands Technology Group Company Profile

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.