Short Interest in China Online Education Group (NYSE:COE) Increases By 121.6%


Source: zolmax.com zolmax.com

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China Online Education Group (NYSE:COE) was the recipient of a large growth in short interest in the month of August. As of August 13th, there was short interest totalling 178,800 shares, a growth of 121.6% from the July 29th total of 80,700 shares. Approximately 8.0% of the company’s stock are short sold. Based on an average daily trading volume, of 377,200 shares, the short-interest ratio is currently 0.5 days. Shares of NYSE COE opened at $2.68 on Friday. The firm has a market capitalization of $57.82 million, a price-to-earnings ratio of 4.06 and a beta of -0.87. China Online Education...