Short Interest in China Online Education Group (NYSE:COE) Expands By 136.4%

China Online Education Group (NYSE:COE) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 20,800 shares, an increase of 136.4% from the December 31st total of 8,800 shares. Based on an average trading volume of 38,500 shares, the short-interest ratio is presently 0.5 days. A number of large investors have recently added to or reduced their stakes in COE. Sylebra Capital Ltd boosted its holdings in China Online Education Group by 2.2% in the third quarter. Sylebra Capital Ltd now owns 534,910 shares of the company's stock valued…