Sunlands Technology Group (NYSE:STG) Short Interest Down 17.4% in June

Sunlands Technology Group (NYSE:STG) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 30,400 shares, a decline of 17.4% from the May 31st total of 36,800 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 9.8 days.

Sunlands Technology Group Stock Performance

Shares of NYSE:STG traded down $0.14 on Friday, hitting $7.85. The company had a trading volume of 2,640 shares, compared to its average volume of 4,509. The stock has a market cap of $107.70 million, a price-to-earnings ratio of 1.36 and a beta of 0.89. The stock has a 50 day moving average price of $7.79 and a 200 day moving average price of $8.71. Sunlands Technology Group has a 1-year low of $3.50 and a 1-year high of $12.55. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.24.

Sunlands Technology Group (NYSE:STG) last released its quarterly earnings results on Friday, May 24th. The company reported $1.14 earnings per share for the quarter. Sunlands Technology Group had a net margin of 27.11% and a return on equity of 284.13%. The firm had revenue of $72.47 million for the quarter.

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.