China Online Education Group (NYSE:COE) Short Interest Up 47.8% in June WKRB News


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China Online Education Group (NYSE:COE) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 63,400 shares, a growth of 47.8% from the May 31st total of 42,900 shares. Currently, 3.1% of the company’s shares are short sold. Based on an average daily trading volume, of 75,800 shares, the days-to-cover ratio is presently 0.8 days. NYSE:COE traded down $0.34 during mid-day trading on Friday, reaching $7.61. The company’s stock had a trading volume of 69,730 shares, compared to its average volume of 169,886. The company has...