Sunlands Technology Group (NYSE:STG) Short Interest Update

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Sunlands Technology Group (NYSE:STG) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 712,400 shares, an increase of 132.6% from the March 15th total of 306,300 shares. Approximately 1.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,610,000 shares, the days-to-cover ratio is presently 0.4 days.

Shares of NYSE:STG opened at $0.90 on Friday. The company has a market capitalization of $150.58 million, a PE ratio of -2.08 and a beta of 1.89. The stock has a fifty day moving average of $1.14 and a 200-day moving average of $1.33. Sunlands Technology Group has a one year low of $0.91 and a one year high of $2.95.

About Sunlands Technology Group

Sunlands Technology Group, through its subsidiaries, provides online education services 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.

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