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China Online Education Group (NYSE:COE) Short Interest Update

October 5, 2021
Source: themarketsdaily.com themarketsdaily.com
News Snapshot:
China Online Education Group (NYSE:COE) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 350,300 shares, a growth of 78.7% from the August 31st total of 196,000 shares. Based on an average daily trading volume, of 658,400 shares, the days-to-cover ratio is currently 0.5 days. Approximately 15.6% of the company’s stock are short sold. A number of research analysts have recently issued reports on the stock. Needham & Company LLC cut their price target on shares of China Online Education Group from $36.00 to $32.00...
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