Sunlands Technology Group Sponsored ADR (NYSE:STG) Short Interest Down 14.4% in March

Sunlands Technology Group Sponsored ADR (NYSE:STG) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 2,001 shares, a drop of 14.4% from the February 26th total of 2,337 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 4,097 shares, the days-to-cover ratio is currently 0.5 days.

Sunlands Technology Group Stock Performance

STG opened at $3.64 on Thursday. The firm has a 50 day moving average price of $4.61 and a 200 day moving average price of $5.85. The company has a market cap of $48.70 million, a PE ratio of 0.96 and a beta of 0.89. Sunlands Technology Group has a 1 year low of $3.50 and a 1 year high of $15.00.

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

Wall Street Analysts Forecast Growth

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

Sunlands Technology Group Company Profile

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.